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Henkel, Dusseldorf, Germany, agreed to acquire JemPak Corporation, Canada, for CAD $118 million (US$ 92.6 million), strengthening its North American laundry and home care portfolio.
The deal is expected to close at the end of May.
Henkel is a manufacturer serving both consumer and industrial markets through its three business segments: Henkel Adhesive Technologies, Laundry & Home Care, and Beauty Care.