Henkel and Wetherby Laroc enter strategic partnership

Henkel, a producer of adhesives, sealants and coatings, and Wetherby Laroc, a manufacturer of building products and facade systems, have announced a strategic partnership.

As part of this partnership, Henkel has signed an agreement to become majority shareholder of Wetherby Laroc. The joint venture will enable both companies to grow their core businesses by combining Wetherby Laroc’s local brands and market presence with Henkel’s global capabilities.

Managing director at Wetherby Laroc, Alex Chalmers, said “My vision for the future has always been clear, to be market-leading in every aspect of our business and operations, while building a culture driven by continuous improvement and sustainable growth.”

“I am very proud and excited to be entering into this joint venture partnership which brings together two-family businesses with complementary strengths and a shared ambition for growth and innovation, while delivering long-term value to our customers. This partnership will create strategic synergies for accelerated growth by expanding our products, systems and categories enabling us to deliver a broader and more compelling product and system offering for customers and supports our continued investment in future growth.”