Kaneka Aerospace buys composites portfolio of Henkel to fuel sales growth
January 31, 2018: Kaneka Corporation's wholly owned subsidiary, Kaneka Americas Holding and Kaneka Aerospace recently acquired commercial rights, technologies and patents of benzoxazine-based high performance composites business from Henkel Corporation.
Kaneka Aerospace was established in September 2017 with the acquisition of Applied Poleramic, which possessed advanced technology for formulated resin used in high performance composites to enter into the promising aerospace business.
The acquisition of Henkel's benzoxazine based composites business is expected to strengthen Kaneka Aerospace’s growth, sales and market position of high performance composite products.
The acquisition includes benzoxazine-based prepregs, film adhesives, and infusion resins. Several products have been qualified in the aviation market. The addition of these competitive products and technologies will further enhance the ability of Kaneka Aerospace to penetrate the aerospace market.
Following the acquisition, Kaneka is planning to explore M&A and partnership opportunities for further growth.