H.B. Fuller acquires Beardow Adams
Acquisition to strengthen H.B. Fuller’s position in the adhesive market
H.B. Fuller, an adhesives manufacturer, has acquired Beardow Adams, a UK-based industrial adhesive manufacturer.
With manufacturing capabilities across Europe and the US, Beardow Adams provides service across a variety of industry applications. The acquisition is expected to accelerate profitable growth in many of H.B. Fuller’s core end markets and generate business synergies through production optimization, an expanded distribution platform, and difference-making innovation.
Jim East, executive vice president, hygiene, health and consumable adhesives, said: ‘Combining the two companies is an exciting move toward H.B. Fuller’s goal of strengthening our leadership position in the markets and regions we serve by expanding our customer base and technology portfolio to address today’s megatrends, such as e-commerce, food safety, and sustainability. As we combine our businesses, we will be a stronger force in the adhesives industry.’
Beardow Adams generated approximately 130 million EUR (142.4 million USD) in revenue for the 2022 fiscal year. With a team of 200 employees globally, the company will operate within H.B. Fuller’s existing hygiene, health and consumable adhesives global business unit.
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