Momentive Performance Materials Inc. in Waterford has closed on the previously announced sale of its consumer sealants business to Henkel Corp., a chemical and consumer good company headquartered in Germany.
The sale comprises a portfolio of consumer sealants sold under license from General Electric Com. and available through home-improvement centers, major retailers and hardware stores.
Momentive officials said the transaction does not include the GE-branded construction sealants product line, which will remain a Momentive focus.