PCI Augsburg GmbH signed an agreement to acquire Thomsit and Ceresit from Henkel AG & Co. KGaA (DB:HEN3) on September 14, 2016. BASF intends to offer Henkel employees mid- or long-term employment wherever possible. The transaction is subject to the approval of relevant antitrust authorities and is expected to close by year-end 2016. Thomas Menke, Martin Hitzer, Marc Seeger, Maike Krewet, Beate Kirchner, Alexander Kebernik, Katharina Müller, Matthias Sonntag, Mischa Krumm, Steffen Krieger, Doris-Maria Schuster, Beate Erken, Jacob von Andreae, Eva Koch, Johann Wagner, Hendrik Marchal, Philipp Naab, Claudia-Maria Wirth of Gleiss Lutz acted as legal advisor to Henkel. PCI Augsburg GmbH completed the acquisition of Thomsit and Ceresit from Henkel AG & Co. KGaA (DB:HEN3) on January 3, 2017.