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H.B. Fuller to acquire Royal Adhesives & Sealants for $1.575 billion

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Staff Writer | September 5, 2017
H.B. Fuller Company announced that it has signed an agreement to purchase Royal Adhesives & Sealants, a manufacturer of high-value specialty adhesives and sealants.
H.B. Fuller
Acquisition   19 manufacturing facilities in 5 countries
This business consistently delivers industry-leading growth rates, EBITDA margins, and free cash flow that are expected to enhance H.B. Fuller’s position as a global leader in the adhesives industry.

Royal is expected to generate approximately $650 million in revenue and $138 million in adjusted EBITDA for H.B. Fuller’s fiscal year 2017. The company operates 19 manufacturing facilities in 5 countries, and employs approximately 1,500 people globally.

The agreed upon purchase price is $1,575 million, subject to customary adjustments. H.B. Fuller intends to finance the transaction through new debt financing.


 

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