Henkel to sell retailer brands business in North America

Henkel AG & Co KgaA

07/02/2025 07:16

Feb 7 (Reuters) - German consumer goods maker Henkel
 HNKG.DE  said on Friday it would sell its retailer brands
business in North America to an affiliate of First Quality
Enterprises, LLC.
    The companies agreed not to disclose financial details of
the deal, which concludes Henkel's portfolio optimization in the
consumer brands business, announced in February 2022, the
company said in a statement.
    Henkel sold or discontinued brands and activities for total
sales of slightly over 1 billion euros ($1.04 billion) since the
beginning of 2022, it said. 


($1 = 0.9638 euros)

 (Reporting by Linda Pasquini, editing by Miranda Murray)
 ((linda.pasquini@thomsonreuters.com; +48 58 7785261;))