Mapei Acquires Korean Adhesives Operation

Milan, Italy, Feb. 28, 2011 -- Mapei Group said it has acquired of all of Henkel's activities regarding adhesives and products for the building industry in South Korea under the Ceresit and Thomsit trademarks.

The acquisition has been made through a new company, Mapei Korea, that now has head offices in Seoul and a production facility in Chungcheongbuk-do. It's the 58th plant of Mapei Group.

Mapei Korea will keep on producing under the trademark Ceresit and Thomsit products for a maximum of three years, Mapei said.