News

Share:
H.B. Fuller News
Nov 6, 2017

Finalized Acquisition of Adecol

ST. PAUL, Minn. - H.B. Fuller Company (NYSE: FUL) announced today that it has finalized its purchase of adhesives company, Adecol Ind. Química, Limitada, a highly respected manufacturer of quality adhesive technologies in Brazil.

Adecol works closely with customers to develop innovative, high-quality hot melt, reactive and polymer-based adhesive solutions for customers in the packaging, converting and assembly markets. Based in Guarulhos, Brazil, the addition of this business supports H.B. Fuller’s growth strategy for emerging markets, as it will enable the company to fully leverage its broad-based technology portfolio and effectively deliver specialty adhesive products to key customers in the Mercosur region.

“With this acquisition, we gain a dedicated team with strong customer relationships and local manufacturing capabilities,” says Jim Owens, president and CEO, H.B. Fuller. “We will work closely with the Adecol team to further enhance partnerships with regional customers and to develop, produce and sell new and better products in this strategically important geography.”

Owens continues, “The combined businesses enhance the value we bring to customers because we will be able to provide a wider range of solutions to our customers, including a broader product line, faster service times and more customer support.”

As was previously disclosed, Adecol generated nearly USD $40 million in revenue for the 2016 fiscal year.

Media Contacts

News Media:
Kimberlee Sinclair
Director, Global Communications
H.B. Fuller
1200 Willow Lake Boulevard
St. Paul, MN 55110
Office: +1 651-236-5823
Investors:
Maximillian Marcy
Director, Investor Relations and International Finance
H.B. Fuller
1200 Willow Lake Boulevard
St. Paul, MN 55110
Office: +1 651-236-5062
All Others:
H.B. Fuller Corporate
1200 Willow Lake Boulevard
P.O. Box 64683
St. Paul, MN 55164-0683
+1 888-423-8553

Contact a Specialist

We're here when you need us, every step of the way.

H.B. Fuller - Connecting what matters.