Emerald Group Publishing Limited
Copyright © 2000, MCB UP Limited
Loctite acquires multicore solders
Keywords Henkel, Loctite, Multicore
On 10 February, Henkel KGaA assumed ownership of Multicore, and all of its global manufacturing and distribution sites. Henkel, with its corporate office in Dusseldorf, Germany, is an international chemical company with more than $12 billion in world-wide sales and 56,000 employees in 70 countries. James J. Heaton, vice president marketing for the Loctite electronics business unit said, "Loctite is delighted that Multicore's high quality solder line has been added to our portfolio of electronics materials. The acquisition broadens our product offering with a line complementary to our existing range and provides a platform for future expansion into the electronics assembly market".
This view is shared by the chairman of Multicore Solders, Gordon Arbib, who said "This new partnership provides benefits for both Multicore and Loctite. Together we will be able to offer our customers a wide range of materials for electronics interconnect and packaging backed up by the resources of one of the world's largest chemical companies".
At the present time it is expected that Loctite and Multicore will operate as distinct and separate companies and will continue to service their customers independently. However, co-operation has already commenced in overlapping areas of product development and opportunities will be sought for each company to make use of the others sales organizations.
Multicore is the world's third largest soldering materials company, manufacturing a range of products including solder pastes, solder wire, cast and extruded solder bar and anode, liquid fluxes, solvent cleaners, soldering accessories and soldering process control instruments. Multicore has always been a leader in environmental issues being, for example, the first to promote the no-clean flux technology that made possible the phasing out of CFC solvent required by the Montreal Protocol. They are now offering a market-leading range of leadfree solders and VOC-free fluxes. Recognizing the trends in electronics assembly Multicore has in recent years invested heavily in the development of new packaging and interconnect materials other than solder. Multicore has manufacturing and sales facilities located in the USA, UK, Canada, Brazil, Germany, Malaysia, Singapore, China, Taiwan and Australia and these will now all be part of Loctite. More information about the company can be found on its Website, http://www.multicore.com