Consumer goods: Henkel CEO Knobel expects further company acquisitions
The consumer goods company is looking for further acquisitions and wants to strengthen its business with them. At the same time, high energy and raw material costs are increasingly putting pressure on the group.
Henkel, a consumer goods company, is planning further acquisitions to strengthen its Adhesive Technologies and Consumer Brands divisions. The company's CEO, Carsten Knobel, stated that Henkel has recently agreed or completed purchases worth around €5 billion. While the company sees growth potential in both areas, it is also exploring opportunities to expand through acquisitions, prioritizing strategic fit, availability, and financial attractiveness.
Henkel is also facing challenges due to high oil prices, which are increasing energy and raw material costs, making it difficult to pass on price hikes to consumers.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
