Wendel sells Stahl to Henkel for 1.2 billion euros

Wendel has signed an agreement to sell its stake in Stahl to Henkel, valuing the company at €2.1 billion. This transfer is expected to generate net proceeds of €1.2 billion for Wendel, representing an annual return on investment of over 15% since 2006. Stahl, a global leader in specialty coatings for flexible materials, has seen its revenue triple under Wendel's management. This transaction allows Wendel to realign its investments and focus on its long-term value creation objectives, including a share buyback program. Wendel's support has transformed Stahl into a major player in the sector, preparing it for its next phase of growth under the Henkel banner.