Kirkland Advises Arsenal Capital Partners on Sale of ATP to Henkel
Kirkland & Ellis has advised Arsenal Capital Partners, a private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, on the sale of ATP adhesive systems AG (ATP) to Henkel AG & Co. KGaA (Henkel), a German manufacturer of industrial and consumer products.
The transaction was completed on April 1, 2026.
Founded in 1988, ATP specializes in developing and manufacturing high-performance, primarily solvent-free adhesive tapes. With headquarters in Switzerland and production sites in Germany, the USA and the UK, ATP serves a broad range of industries and delivers to over 60 countries worldwide. The company has around 700 employees and generated revenue of approx. €270 million in fiscal year 2025.
Read the transaction press release
The Kirkland team included corporate lawyers Tobias Larisch, Sebastian Pitz, Brendan Head, Jason Grover, Mattias Prange, Alexander Herzog, Jake Moeller, Jan Ditrich, Konstantin Huber, Chiara Schmid, Pablo Tretow, Elisabeth Wolf and Marshall Ringwood.












