H.B. Fuller to Acquire Henkel's Insulating Glass Sealant Business

29-Mar-2006

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H.B. Fuller Company announced that it has entered into an asset purchase agreement with Henkel KGaA under which H.B. Fuller will acquire Henkel's insulating glass sealant business.

Through the acquisition, Henkel's insulating glass sealant business will become part of H.B. Fuller's Window business, within the company's Full-Valu / Specialty segment. In combining these businesses, H.B. Fuller will create a global business with a stronger and more diverse product offering.

The assets being acquired primarily include manufacturing equipment, inventory, and intellectual property. No debt or liabilities are being assumed. H.B. Fuller intends to fund the transaction completely with existing cash. This transaction, expected to close within the next three months, is subject to customary closing conditions and regulatory approvals.

https://www.chemeurope.com/en/news/53557/h-b-fuller-to-acquire-henkel-s-insulating-glass-sealant-business.html