H.B. Fuller Company has finalized the purchase of Advanced Adhesives, a provider of industrial adhesives in Australia and New Zealand.
The addition of this business will enable H.B. Fuller to strengthen its industrial adhesives market position and leverage a broader technology portfolio in the two countries.
Serving a wide range of industries, including consumer packaged goods, woodworking and product assembly applications, the Advanced Adhesives business generated approximately US$17 million in revenue for the 2015 fiscal year.
Based in Sydney and Auckland, this new business will be included in H.B. Fuller’s Asia Pacific operating segment.