Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
Acquisition strengthens and expands position in the global specialty construction tapes market and creates new opportunities for engineering adhesives solutions
H.B. Fuller Company (NYSE:FUL), the largest pureplay adhesives company in the world, today announced that it has acquired HS Butyl Limited (HS Butyl), the UK's largest manufacturer and distributor of high-quality butyl tapes, which provide strong, permanent, watertight seals for a wide variety of applications within the construction, infrastructure, automotive and renewable energy industries.
The acquisition ─ which is a continuation of H.B. Fuller's strategy to deliver adjusted EBITDA margin of 20 percent in the next three to five years ─ advances one of the company's top 20 technology-based growth segments and uniquely positions H.B. Fuller to accelerate its expansion into the $15 billion global waterproofing tape market, which includes butyl tape technologies.
Posted In: FUL