H.B. Fuller Co. recently announced that it has signed an agreement to purchaseCyberbond, LLC, a global provider of industrial adhesives for the electronics, medical, audio equipment, automotive, and structural markets.
“With this acquisition, we will strengthen our position in high-margin, high-growth engineering adhesives markets,” said Jim Owens, president and CEO. “Cyberbond will expand our technology portfolio and add well-established sales channels inNorth AmericaandEurope. In addition, we will leverage the expertise and customer relationships of our team inChinato grow the Cyberbond business in that important geography.”
Founded in 1997, Cyberbond is headquartered inBatavia, Ill., with European operations based in Wunstorf,Germany. The company reportedly generated revenue of approximately$15 millionin fiscal 2015 and will be included in H.B. Fuller’s Engineering Adhesives operating segment.
For more information, visit www.hbfuller.com.