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Fuller closes Brazil deal

6:25 AM MDT | June 21, 2013

H.B. Fuller says it has completed the previously announced acquisition of Plexbond Quimica (Curitiba, Brazil), a provider of chemical polyurethane specialties and polyester resins, for an undisclosed amount. Plexbond Quimica generated nearly $20 million in revenue in 2012. “This acquisition solidifies our position in the South American adhesives industry, particularly in the highly attractive, fast-growing, and demanding flexible-packaging market,” says Jim Owens, president and CEO of...

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