Henkel Adhesive Technologies invests in predictive-maintenance startup Feelit
By Mary Page Bailey |
January 11, 2021
Henkel Adhesive Technologies has strengthened its capabilities for maintenance, repair and overhaul (MRO) solutions by investing in Feelit, based in Haifa, Israel. The startup has developed a unique sensor technology for predictive maintenance for various applications in manufacturing. With the investment Henkel aims to further expand its leading MRO portfolio for its broad customer base in industrial markets.
Henkel is investing in Feelit’s unique sensor technology (Source: Henkel)
“As part of our venturing activities we are looking for novel and scalable technologies complementing our existing portfolio in adhesives, sealants and functional coatings”, explains Paolo Bavaj, Head of Corporate Venturing, Adhesive Technologies. “We also focus on digital business models that help innovating our traditional businesses towards the increasing demands for novel and efficient industrial IoT solutions. The investment in Feelit perfectly fits to our business strategy and underlines the value of our long-standing engagement in Israel as a major global hub for materials and technology start-ups.”
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