Readers last week showed massive interest in H.B. Fuller’s latest acquisitions (H.B. Fuller Acquires Apollo and Fourny for $211 Million): “H.B. Fuller Co. has finalized its purchase of Apollo, reportedly the UK’s largest independent manufacturer of liquid adhesives, coatings, and primers for the roofing, industrial, and construction markets. Based in Tamworth, UK, Apollo is projected to have 2022 revenue of approximately £42 million (about $56.3 million). Apollo will operate within H.B. Fuller’s existing Construction Adhesives and Engineering Adhesives business units; the business is expected to enhance H.B. Fuller’s position in key high-value, high-margin markets in the UK and Europe.
“Apollo manufactures and sells a range of commercial roofing, construction, and adhesives solutions. According to H.B. Fuller, Apollo complements its Construction Adhesives businesses in Europe and its recent addition in early January 2022 of Fourny nv in Belgium, which had 2021 sales of €8 million (~ $9 million). The addition of this business will expand the company’s share in key construction markets in the UK and across Europe and enable global expansion of its position in the roofing industry.”
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Top 5 News that Sticks for February 6-12
- H.B. Fuller Acquires Apollo and Fourny for $211 Million second week at #1
- Matrix Adhesives Group Launches Platform through Recapitalizations of Guy Chemical and Nuco
- Fedrigoni Self-Adhesives Expands Circular Product Offerings
- Mactac to Acquire Spinnaker Coating #2 last week
- Arkema and Académie des Sciences Launch Prize for Sustainable Materials Development
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media channels.