People & Business :: M&A
Fuller Sells Central American Paints Business
10:10 AM MDT | May 8, 2012 | Rebecca Coons
H.B. Fuller says it will sell its Central American paints business to Grupo Mindial subsidiary Compania Global de Pinturas for $120 million. Fuller says business is no longer core to its strategic objective of becoming the “best adhesives company in the world.” “This business has a strong market position and excellent leadership,” and the deal enables it to be part of a company with a strategic position in the paint industry, says Jim Owens, president and CEO of H.B. Fuller. Fuller’s Central American paints business began...
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