H.B. Fuller Acquires Nordic Adhesives (4/1/09)
H.B. Fuller Co. announced
today that it has entered into an agreement to acquire Nordic Adhesives, a
developer and manufacturer of flexible packaging adhesives based in Buxtehude, Germany.
Nordic generated net revenue of approximately $9 million in 2008.
“Nordic has a strong product portfolio in the flexible packaging market and a solid presence in northern Europe,” said Michele Volpi, H.B. Fuller president and chief executive officer. “This acquisition will complement our existing product line, enhances our applications knowledge, and will enable us to extend our reach in this highly attractive $1 billion segment of the adhesives industry.”
A stock purchase, the acquisition encompasses all Nordic business operations, including the company’s product line and technical expertise.
For more information, visit www.hbfuller.com.
“Nordic has a strong product portfolio in the flexible packaging market and a solid presence in northern Europe,” said Michele Volpi, H.B. Fuller president and chief executive officer. “This acquisition will complement our existing product line, enhances our applications knowledge, and will enable us to extend our reach in this highly attractive $1 billion segment of the adhesives industry.”
A stock purchase, the acquisition encompasses all Nordic business operations, including the company’s product line and technical expertise.
For more information, visit www.hbfuller.com.
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