Acquisition of Beardow Adams
With manufacturing capabilities across Europe and the U.S., and a powerful distribution network across the globe, Beardow Adams is recognised for its commitment to quality and 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.
Strengthening the leadership position“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,” said Jim East, executive vice president, Hygiene, Health, and Consumable Adhesives. “As we combine our businesses, we will be a stronger force in the adhesives industry.”
Beardow Adams generated approximately €130 million 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.www.hbfuller.com