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Adhesives manufacturer H.B. Fuller Co. (NYSE: FUL), St. Paul, MN, has agreed to acquire Advanced Adhesives, a provider of industrial adhesives in Australia and New Zealand. Terms were not disclosed.
Advanced Adhesives, with fiscal 2015 sales of $17 million, will be included in H.B. Fuller’s Asia Pacific operating segment.
The acquisition will strengthen H.B. Fuller's industrial adhesives market position and expand its capabilities in Australia and New Zealand.