HB 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$17M, this business will be included in HB Fuller’s Asia Pacific operating segment.
Established in 1985, Advanced Adhesives works closely with customers in a wide range of industries, including consumer-packaged goods, woodworking and product assembly applications. The addition of this business will enable HB Fuller to strengthen its industrial adhesives market position and leverage a broader technology portfolio in both Australia and New Zealand.
"Advanced Adhesives’ manufacturing capabilities and local market expertise complement our strong network in China, Malaysia and the Philippines,” said Heather Campe, VP, Asia Pacific, HB Fuller.
