Henkel AG & Co. KGaA VZO Stock

Description Henkel

Henkel is a listed company on the Frankfurt Stock Exchange under the ticker symbol HEN3 and on the OTC markets under the symbol HENOF. The company is a German multinational chemical and consumer goods company founded in 1876 by Fritz Henkel. The company operates globally with three business units: Adhesive Technologies, Beauty Care, and Laundry Home Care.

Henkel's Adhesive Technologies business unit produces adhesives, sealants, and functional coatings for a range of industries, including automotive, electronics, packaging, and aerospace. The Beauty Care business unit produces haircare, skincare, and beauty products for both professional and consumer use. The Laundry Home Care business unit produces laundry detergent, fabric softeners, and other household cleaning products.

The company's products are sold in more than 120 countries, and Henkel has a wide customer base composed of consumers as well as businesses. As of 2021, Henkel has a market capitalization of around 42 billion euros, making it one of the largest chemical and consumer goods companies in Europe.

Competitors of Henkel

Henkel AG Co. KGaA (HENOF) is a multinational company that operates in the fields of laundry and home care, beauty care, and adhesive technologies. As such, its main competitors are companies that operate in those same or similar fields. The most important competitors of Henkel are:

1. Procter Gamble (PG): The largest consumer goods company in the world, Procter Gamble is a major competitor to Henkel's laundry and home care products, such as Persil and Purex.

2. Unilever (UL): Another global consumer goods giant, Unilever competes with Henkel in the beauty care and personal care products markets, as well as in the laundry and home care segments.

3. 3M Company (MMM): 3M Company manufactures and sells a wide range of products, including adhesives and tapes, which puts it in competition with Henkel's adhesive technologies division.

4. BASF SE (BASFY): BASF is the largest chemical producer in the world and operates in many of the same segments as Henkel, such as home and personal care and industrial adhesives.

5. The Clorox Company (CLX): Clorox markets cleaning and disinfecting products that compete with Henkel's laundry and home care products, such as Clorox bleach and Pine-Sol cleaner.

These are just a few of the major competitors of Henkel in its various business segments. Other noteworthy competitors include Colgate-Palmolive (CL), L'Oreal SA (LRLCY), and Avery Dennison Corporation (AVY).

Suppliers of Henkel

Henkel is a large multinational company that operates in various industries, including consumer goods, adhesives, and beauty care. As such, it has many different suppliers that are crucial to its operations. Here are some of the most important suppliers of Henkel:

1. Chemical suppliers - Henkel requires a large amount of chemicals for its various products, including surfactants, resins, and adhesives. Some of its key chemical suppliers include BASF, Dow Chemical Company, and Evonik Industries.

2. Packaging suppliers - As a consumer goods company, Henkel relies on a steady supply of packaging materials such as plastic containers, boxes, and bottles. Some of Henkel's key packaging suppliers include Amcor, Berry Global, and CCL Industries.

3. Raw material suppliers - Henkel needs various raw materials for its product lines, including paper, textiles, and metals. Some of its key raw material suppliers include International Paper, Avery Dennison, and ArcelorMittal.

4. Technology suppliers - As a company that relies on innovation to stay ahead of the competition, Henkel partners with technology suppliers to develop new products and manufacturing processes. Some of its key technology suppliers include Siemens, Honeywell, and Emerson Electric.

Overall, Henkel relies on a diverse range of suppliers to keep its operations running smoothly and deliver high-quality products to its customers.