IHS Chemical Week

Regions :: China

H.B. Fuller to acquire Chinese firm Tonsan Adhesive for $225 million

12:02 AM MDT | June 26, 2014 | Deepti Ramesh

H.B. Fuller says that it has signed an agreement to acquire Tonsan Adhesive (Beijing). Tonsan, which was founded in 1993, specializes in R&D, manufacturing and sale of engineering adhesives. Fuller will acquire 95% of the equity of Tonsan for 1.4 billion renminbi ($225 million) in cash. The four founding shareholders of Tonsan will remain with the company as a part of the leadership team and retain a minority equity interest, Fuller says. Tonsan has annual revenue of about $100 million, and Ebitda of just under $20 million, Fuller says. Tonsan helps customers...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa