OK
The Universal Selection Source:
Adhesives Ingredients
Industry News

H.B. Fuller Acquires Nordic Adhesives

Published on 2009-04-01. Author : SpecialChem

ST. PAUL, Minn. -- H.B. Fuller Company announced that it has entered into an agreement to acquire Nordic Adhesives, a developer and manufacturer of flexible packaging adhesives, based in Buxtehude, Germany. Nordic generated net revenue of approximately $9 million U.S. in 2008.

"Nordic has a strong product portfolio in the flexible packaging market and a solid presence in northern Europe. This acquisition will complement our existing product line, enhances our applications knowledge, and will enable us to extend our reach in this highly attractive $1 billion segment of the adhesives industry," said Michele Volpi, H.B. Fuller president and chief executive officer. "With Nordic, we can capitalize upon our global footprint and more quickly develop a more meaningful presence in this desirable market."

A stock purchase, the acquisition encompasses all Nordic business operations, including the company´úęs innovative product line and technical expertise.

About H.B. Fuller Company:

H.B. Fuller Company is a leading worldwide formulator and marketer of adhesives, sealants, paints and other specialty chemical products, with fiscal 2008 net revenue of $1.4 billion. Its common stock is traded on the New York Stock Exchange under the ticker symbol FUL.

Source: H.B. Fuller Company


Improve your performance with water soluble epoxy compounds
Back to Top