HENKY Henkel AG and Company KGAA (PK)

By Maitane Sardon

Henkel AG said Wednesday that it plans to expand its activities with new investments in sustainable packaging and advanced materials.

The German consumer-goods company said the venture capital arm of its adhesive technologies unit will invest in a packaging fund launched by Emerald Technology Ventures, a Switzerland-based venture capital firm.

As a limited partner of the Emerald fund, Henkel said it will have access to hundreds of startups in areas such as material and technology innovation and recycling.

Financial details weren't disclosed.

Write to Maitane Sardon at maitane.sardon@wsj.com

(END) Dow Jones Newswires

April 13, 2022 12:27 ET (16:27 GMT)

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