H.B. Fuller Completes Sale of Central America Paints Segment
H.B. Fuller Co. recently announced it has completed the sale of its Central America Paints business to Compania Global de Pinturas S.A., a company of Grupo Mundial, for $120 million. The deal closed on August 6.
The business reportedly has a leading market position in Central America, with strong local manufacturing capabilities and a range of commercial and residential product lines. The business includes nearly 800 employees who work across Central America and in production plants and laboratories in Costa Rica, Honduras, and Panama.
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