H.B. Fuller Co. (NYSE: FUL), St. Paul, MN, has agreed to purchase Royal Adhesives & Sealants, a manufacturer of high-value specialty adhesives and sealants for $1.6 billion.
Royal Adhesives & Sealants consistently delivers industry-leading growth rates, EBITDA margins and free cash flow that are expected to enhance H.B. Fuller’s position 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.