Consumer Goods & Legal Advisors
Henkel spins off two major divisions in bold restructuring move
Henkel is spinning off its Consumer Brands and Adhesive Technologies divisions into separate subsidiaries, with law firm Hengeler Mueller providing counsel.
The executive board of Henkel AG & Co. KGaA has resolved to transfer the company's directly managed business units—Henkel Consumer Brands and Henkel Adhesive Technologies—into standalone subsidiaries. To this end, Henkel has entered into a demerger agreement with its wholly owned subsidiaries, Henkel Consumer Brands GmbH and Henkel Adhesive Technologies GmbH, along with interim leaseback agreements for the transferred units. The transaction was approved by Henkel's annual general meeting on April 27, 2026.
According to a statement, the corporate law firm Hengeler Mueller advised Henkel on corporate, labor, intellectual property, and public law aspects of the deal.
The Advisory Team
The Hengeler Mueller team advising Henkel included the following members:
Corporate/M&A: Theresa Lauterbach, Prof. Jochen Vetter (both Munich), Oliver Rieckers (Düsseldorf, all partners), Yero Sy, Florian Großmann, Tobias Meyer (all associates, all Munich);
Labor Law: Christian Hoefs (partner), Stefan Kress (senior associate, both Frankfurt);
IP/IT: Matthias Rothkopf (partner), Milan Zmrzlak (associate, both Düsseldorf);
Public Commercial Law: Michael Schramm (partner) and Anouk Ludwig (associate, both Düsseldorf).
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