The Corporate Venture Capital unit of Henkel – Henkel Ventures – further globalizes its activities by investing into the second investment fund of China Materialia LLC (China Materialia), Shanghai. The investment will enable the company’s Adhesive Technologies business unit to access the growing scene of advanced materials start-ups in China and adjacent Asian markets.
“China is an important market for our Adhesive Technologies business and has become a hotspot for material-science focused start-ups over the past years,” explained Paolo Bavaj, Head of Corporate Venturing, Henkel Adhesive Technologies. “China Materialia provides a proven expertise in gaining access and insights into the local ecosystem. The investment is aligned with our defined search fields for advanced materials and will further drive our corporate venture capital approach by expanding the footprint into key regions.”
“We are delighted to welcome Henkel to China Materialia Fund II. Henkel Venture’s search fields of 3D printing, printed electronics, batteries, functional coatings, smart building materials, smart packaging, IOT and digitization are very well aligned with China Materialia Fund’s focus”. China Materialia Managing Partner Dr. Min Zhou commented: “We are proud to have Henkel, GE, Samsung, BASF, SABIC and BAT in China Materialia Fund II, these prominent leaders in materials and advanced manufacturing technologies bring global footprint, strong brands, technology expertise, markets and channels to partner with start-ups in our Portfolio.”
Henkel operates globally with a well-balanced and diversified portfolio. The company holds leading positions with its three business units in both industrial and consumer businesses thanks to strong brands, innovations and technologies. Henkel Adhesive Technologies is the global leader in the adhesives market – across all industry segments worldwide. In its Laundry & Home Care and Beauty Care businesses, Henkel holds leading positions in many markets and categories around the world. Founded in 1876, Henkel looks back on more than 140 years of success. In 2017, Henkel reported sales of 20 billion euros and adjusted operating profit of around 3.5 billion euros. Combined sales of the respective top brands of the three business units – Loctite, Schwarzkopf and Persil – amounted to 6.4 billion euros. Henkel employs more than 53,000 people globally – a passionate and highly diverse team, united by a strong company culture, a common purpose to create sustainable value, and shared values. As a recognized leader in sustainability, Henkel holds top positions in many international indices and rankings. Henkel’s preferred shares are listed in the German stock index DAX. For more information, please visit www.henkel.com.