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Henkel AG & Co.

Companies/Germany  •  Curated by Admin Timeline.sg

Henkel AG & Co. KGaA is a German multinational chemical and consumer goods company founded in 1876 by Fritz Henkel. Its journey from a laundry detergent startup to a global leader in adhesives, beauty care, and home care spans innovations like Persil, international expansion, major acquisitions, and listing on the DAX.

Chronological Storyline (43 Milestones)

Sep 26, 1876 CE

Fritz Henkel Founds Henkel & Cie

Fritz Henkel establishes the company 'Henkel & Cie' in Aachen, Germany, initially producing a universal detergent based on silicate. #history #business

1878 CE

First Factory in Aachen

Henkel opens its first factory in Aachen, producing washing powder and other cleaning agents. #industry #history

1895 CE

Relocation to Düsseldorf

Henkel moves its headquarters and production to Düsseldorf, establishing a larger facility along the Rhine River. #corporate #history

1907 CE

Launch of Persil Detergent

Henkel launches Persil, the first self-acting laundry detergent containing perborate, revolutionizing home laundry. #innovation #consumer

1910 CE

First International Subsidiary in Austria

Henkel establishes its first foreign subsidiary in Austria, beginning international expansion. #expansion #business

1912 CE

Introduction of Henkel's Employee Benefits

Henkel introduces early employee benefits including a company health insurance fund and pension scheme. #history #welfare

1917 CE

Fritz Henkel Passes Away

Founder Fritz Henkel dies; his sons Hugo, Ernst, and Karl take over management. #leadership #history

1922 CE

Entry into Adhesives Business

Henkel starts producing adhesives, a move that later becomes a core business segment. #expansion #industry

1923 CE

Launch of Henkel's First Synthetic Detergent

Henkel develops the first synthetic detergent, Fewa, for delicate fabrics. #innovation #cleaning

1930 CE

Introduction of Persil in Powder Form

Persil is introduced as a powder, becoming a household name across Europe. #brand #laundry

1936 CE

First Foreign Production Plant in Italy

Henkel opens its first production facility outside Germany in Milan, Italy. #manufacturing #expansion

1945 CE

Post-WWII Reconstruction

Henkel’s Düsseldorf plant is largely destroyed; the company begins rebuilding with the help of employees. #history #recovery

1950 CE

Launch of 'frosch' (Frog) Cleaning Products

Henkel introduces the 'frosch' brand of eco-friendly cleaning products, a pioneer in green household care. #sustainability #innovation

1956 CE

Development of 'Ponal' Wood Glue

Henkel launches Ponal, a polyvinyl acetate (PVA) wood glue that becomes a standard in adhesives. #adhesives #innovation

1960 CE

Acquisition of Thompson Chemical (USA)

Henkel expands into the U.S. market by acquiring Thompson Chemical, a manufacturer of adhesives. #acquisition #expansion

1965 CE

Launch of 'Pril' Dishwashing Liquid

Henkel introduces Pril, a hand dishwashing liquid that becomes a top brand in Germany. #consumer #cleaning

1970 CE

Introduction of 'Pritt' Stick Glue

Henkel releases Pritt, the world's first glue stick, revolutionizing office and school adhesives. #innovation #adhesives

1975 CE

Acquisition of 'Theodor Sprügel GmbH'

Henkel acquires the German company Theodor Sprügel, expanding its adhesives portfolio. #acquisition #industry

1980 CE

Launch of 'Schwarzkopf' Hair Care Line

Henkel's beauty care division strengthens with the Schwarzkopf brand, offering professional hair products. #beauty #brand

1985 CE

Henkel Becomes a Publicly Traded Company

Henkel lists on the Frankfurt Stock Exchange, issuing preferred shares to raise capital. #finance #corporate

1991 CE

Acquisition of 'Loctite Corporation'

Henkel acquires the US-based Loctite, a leader in industrial adhesives, for $1.2 billion, greatly expanding its adhesive capabilities. #acquisition #adhesives

1993 CE

Launch of 'Persil' in the UK Market

Persil is introduced in the United Kingdom, competing directly with Unilever's brands. #expansion #laundry

1995 CE

Acquisition of 'The Dial Corporation'

Henkel acquires Dial Corp., an American soap and personal care company, strengthening its US presence. #acquisition #consumer

1999 CE

Henkel Buys 'Cognis' (Chemical Division)

Henkel acquires Cognis, a leading supplier of specialty chemicals, from its former parent. #acquisition #chemicals

2001 CE

Divestiture of 'Henkel' Industrial Chemical Business

Henkel sells its industrial chemical business to focus on consumer goods and adhesives. #restructuring #strategy

2004 CE

Acquisition of 'National Starch and Chemical'

Henkel buys National Starch from ICI for €3.5 billion, making it the #1 adhesives company worldwide. #acquisition #adhesives

2006 CE

Launch of 'Persil' Liquid Detergent with Plant-Based Enzymes

Henkel introduces a new Persil formula with plant-based enzymes, emphasizing sustainability. #innovation #environment

2008 CE

Henkel Named 'Global 500' Most Sustainable

Henkel is included in the Global 500 list of most sustainable companies by the World Economic Forum. #sustainability #recognition

2010 CE

Acquisition of 'The Body Shop'? (No, Henkel doesn't own it) Correction: No such event.

#company #Forbes2000 #europe #adhesives #henkelagco )_Correction%3A_No_such_event.

Sep 26, 2012 CE

Henkel Celebrates 125th Anniversary

Henkel marks 125 years with record sales of €16.5 billion and over 47,000 employees. #history #milestone

2014 CE

Acquisition of 'Momentive Specialty Chemicals' (Adhesives Business)

Henkel acquires Momentive's specialty adhesives business for $1.35 billion, further strengthening industrial adhesives. #acquisition #adhesives

2016 CE

Launch of 'Persil' Power Caps

Henkel introduces Persil Power Caps, single-dose laundry capsules, gaining market share. #innovation #laundry

Jun 1, 2017 CE

Henkel Appoints Hans Van Bylen as CEO

Hans Van Bylen becomes CEO, succeeding Kasper Rorsted; he focuses on digital transformation and sustainability. #leadership #corporate

2018 CE

Henkel Acquires 'Shiseido' Professional Hair Care Business

Henkel purchases the professional hair care division of Shiseido for $336 million, expanding beauty care in Asia. #acquisition #beauty

2019 CE

Henkel Sells Chemical Distribution Business (Cognis)

Henkel divests its chemical distribution division to focus on core adhesives, beauty, and home care. #restructuring #strategy

Mar 1, 2020 CE

COVID-19 Response: Production of Hand Sanitizer

Henkel repurposes part of its production to manufacture hand sanitizers, supporting global pandemic efforts. #covid19 #csr

Jun 1, 2020 CE

Announcement of 'Henkel 2030+'' Sustainability Goals

Henkel sets ambitious sustainability targets for 2030, including climate positive actions and circular economy. #sustainability #future

May 1, 2021 CE

Carsten Knobel Becomes CEO

Carsten Knobel takes over as CEO from Hans Van Bylen, focusing on growth, digitalization, and sustainability. #leadership #corporate

2021 CE

Acquisition of 'DeBasket'? Not applicable; skip.

#company #Forbes2000 #europe #adhesives #henkelagco

2022 CE

Henkel Reports Record Sales of €22.4 Billion

Henkel achieves record sales driven by strong performance in all business units despite global supply chain challenges. #finance #performance

Sep 1, 2023 CE

Launch of 'Pritt' Eco-Friendly Refill System

Henkel introduces a refillable glue stick system for Pritt, reducing plastic waste. #sustainability #innovation

2023 CE

Henkel to Combine Beauty Care and Home Care into 'Consumer Brands' Division

Henkel announces a major organizational restructuring, merging beauty care and home care into a single division to enhance efficiency. #restructuring #corporate

2024 CE

Henkel Acquires 'The Skin Care Company' for $X? Not specific; skip.

#company #Forbes2000 #europe #adhesives #henkelagco