Henkel might make U.S. acquisitions: CEO in newspaper

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FRANKFURT (Reuters) – German consumer products organisation Henkel (HNKG_p.DE) might serve enhance a business in a United States around acquisitions, Chief Executive Hans outpost Bylen told Welt am Sonntag in an interview.

“If there are opportunities for acquisitions, we will take a demeanour during either they are a good fit in terms of plan and price. In a United States we are for instance not nonetheless a heading seller of beauty caring products,” he said.

Henkel’s beauty caring brands embody Syoss and Schwarzkopf hair caring products as good as Dial soap.

He also pronounced that there was opportunities around a universe for purchases in a washing care, detergents and adhesives sectors.

Acquisitions are a pivotal partial of Henkel’s strategy. Earlier this year it done a contracting offer to buy sealant builder Darex Packaging Technologies for $1.05 billion. Last year, it spent $3.6 billion to buy North American antiseptic builder Sun Products, famous for a Snuggle brand.

Van Bylen also told Welt am Sonntag that distinction margins during Henkel’s U.S brands Purex, Dial and Sun had been improving.

“Henkel will have a really successful 2017 in a United States. That will also be reflected during a organisation level,” he said.

Henkel is due to tell third-quarter financial formula on Nov. 14.

Reporting by Maria Sheahan Editing by Jeremy Gaunt

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