H.B. Fuller completes acquisition of HS Butyl Limited to accelerate expansion into global waterproofing tape market
H.B. Fuller completes acquisition of HS Butyl Limited to accelerate expansion into global waterproofing tape market
08/06/24, 12:40 PM
Location
new forestIndustry
manufacturing
H.B. Fuller, the largest pureplay adhesives company, has acquired HS Butyl Limited, the UK’s largest manufacturer of high-quality butyl tapes. This strategic acquisition aligns with H.B. Fuller’s goal to deliver adjusted EBITDA margin of 20 percent in the next three to five years and uniquely positions the company to accelerate its expansion into the $15 billion global waterproofing tape market.
Company Info
Company info
Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants, and other specialty chemical products to improve products and lives. With fiscal 2021 net revenue of $3.3 billion, H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, health and beauty, transportation and infrastructure, aerospace, new energy, packaging, construction, woodworking, general industries, and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive. hbfuller.com.