DÜSSELDORF, Germany - Henkel has signed an agreement with U.S.-based specialty chemicals company Cytec Industries Inc. to acquire its high-performance pressure sensitive adhesives (PSA) product range. Pressure sensitive adhesives are specialized adhesives used in the packaging, automotive, electronic and durable goods industries for foils and films, tapes or labels, offering high-performance adhesive characteristics.

The acquisition is subject to satisfaction of certain conditions and is expected to be closed in the third quarter of 2012.