H.B. Fuller Agrees to Acquire Cyberbond

Acquisition strengthens company's position in adhesives markets.

Adhesives manufacturer H.B. Fuller Co. (NYSE: FUL), St. Paul, MN, has agreed to acquire Cyberbond LLC, Batavia, IL. Terms were not disclosed.

Cyberbond, with 2015 sales of $15 million, is a global provider of industrial adhesives for the electronics, medical, audio equipment, automotive and structural markets. The company will be included in H.B. Fuller’s engineering adhesives operating segment.

“With this acquisition, we will strengthen our position in high-margin, high-growth engineering adhesives markets,” said Jim Owens, president & CEO. “Cyberbond will expand our technology portfolio and add well-established sales channels in North America and Europe. In addition, we will leverage the expertise and customer relationships of our team in China to grow the Cyberbond business in that important geography.”

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