With the acquisition, Henkel intends to bolster the position of its Adhesive Technologies business unit in the area of functional coatings
German chemical and consumer goods firm Henkel has completed the acquisition of US-based advanced materials start-up NBD Nanotechnologies (NBD Nano).
Headquartered in Boston, Massachusetts, NBD Nano develops surface properties such as repellency for plastics or optical coatings for displays.
With the acquisition, Henkel intends to bolster the position of its Adhesive Technologies business unit in the area of functional coatings.
NBD Nano develops coatings using its patented platform technology that make it easier to see fingerprints on glass and gives plastic, textiles, and other materials stain resistance.
Applications for NBD Nano’s expertise range from electronics and consumer products to automobiles and packaging.
Its product offerings include RepelFlex coatings, which decrease odour and stain-causing bacteria on common-use plastics and Invisiprint coating additives, which control fingerprints and minimise odour- and stain-causing bacteria on displays.
Henkel Adhesive Technologies Innovation global head Michael Todd said: “We believe that our acquisition of NBD Nano will accelerate the commercialisation of their cutting-edge technologies.
“Their demonstrated innovations in coatings for the electronics and accessories market combined with Henkel’s global footprint will extend the reach for broader application of NBD Nano’s solutions in the commercial marketplace.”
Both companies did not reveal the financial details of the transaction.