H.B. Fuller Acquires Adhezion Biomedical and XCHEM International

H.B. Fuller Acquires GEM S.r.l. and Medifill Ltd.

December 2, 2024

Medical Devices

H.B. Fuller Company signed agreements to acquire Italian medical adhesive manufacturer GEM S.r.l. and Irish tissue-adhesive producer Medifill Ltd., expanding its Medical Adhesive Technologies (MAT) business and establishing a European hub for the platform. The combined purchase price is €180 million (pre-synergy 15.5x EBITDA) with expected 2024 combined net revenue of €23 million and adjusted EBITDA of €11.5 million; the GEM transaction is expected to close in February 2025, subject to customary conditions.

H.B. Fuller Acquires ND Industries Inc.

May 20, 2024

Manufacturing

H.B. Fuller Company has acquired ND Industries Inc., a family-owned specialist in specialty adhesives, pre-applied fastener coatings and the Vibra-Tite product line. The deal brings ND's five U.S. locations, approximately $70 million in 2023 revenue and ~300 employees into H.B. Fuller's Engineering Adhesives global business unit to expand product capabilities and accelerate growth in CASE end markets.

H.B. Fuller Acquires HS Butyl Limited

August 6, 2024

Manufacturing

H.B. Fuller Company has acquired HS Butyl Limited, the U.K.-based manufacturer and distributor of butyl waterproofing tapes. The acquisition establishes H.B. Fuller's presence in the European waterproofing tape market, complements its existing butyl product line, and supports expansion of engineering adhesives solutions and global waterproofing tape growth.

H.B. Fuller Acquires Apollo and Fourny

January 27, 2022

Building Products

H.B. Fuller has completed the acquisitions of Apollo, the United Kingdom's largest independent manufacturer of liquid adhesives, and Fourny nv of Belgium. The two businesses (projected combined purchase price $211 million) will be integrated into H.B. Fuller's Construction and Engineering Adhesives units to expand its roofing, construction and transportation adhesive capabilities across the UK and Europe, with expected annual run-rate synergies of $8 million by 2024.

Meridian Adhesives Group Acquires E-Chem

July 3, 2020

Building Products

Meridian Adhesives Group has acquired E-Chem, a New Mexico-based designer and manufacturer of epoxy polymer products for concrete. E-Chem will join Meridian’s Infrastructure Division to expand Meridian’s presence in the infrastructure and concrete rehabilitation markets and leverage Meridian’s distributor network and resources to accelerate product development and market penetration.

American Securities Acquires Hexion Holdings

March 15, 2022

Manufacturing

Affiliates of American Securities LLC completed a take-private acquisition of Hexion Holdings Corporation for $30.00 per share in cash. Hexion, a Columbus, Ohio–based global producer of adhesives and thermoset resins with approximately $1.9 billion in 2021 net sales, 26 manufacturing facilities and ~1,300 employees, will be operated under American Securities to support its next phase of growth.