H.B. Fuller Company has signed an agreement to purchase Advanced Adhesives, a provider of industrial adhesives in Australia and New Zealand.
With fiscal 2015 net revenue of US$17 million, this business, which is established in 1985, will be included in H.B. Fuller’s Asia Pacific operating segment.
Established in 1985, Advanced Adhesives works closely with customers in a wide range of
“With this acquisition, we will accelerate our profitable growth agenda in Australia and New Zealand,” said Heather Campe, vice president, Asia Pacific, H.B. Fuller.
“Advanced Adhesives’ manufacturing capabilities and local market expertise complement our strong network in China, Malaysia and the Philippines.”
Pending government and regulatory requirements, the company expects the acquisition to close by late April 2016.