logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

H.B. Fuller completes acquisition of HS Butyl Limited to accelerate expansion into global waterproofing tape market

Aug 06, 2024over 1 year ago

Acquiring Company

H.B. Fuller Company

Acquired Company

HS Butyl Limited

New ForestManufacturing

Description

H.B. Fuller, the largest pureplay adhesives company, has acquired HS Butyl Limited, the UK’s largest manufacturer of high-quality butyl tapes. This strategic acquisition aligns with H.B. Fuller’s goal to deliver adjusted EBITDA margin of 20 percent in the next three to five years and uniquely positions the company to accelerate its expansion into the $15 billion global waterproofing tape market.

Company Information

Company

H.B. Fuller Company

About

Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants, and other specialty chemical products to improve products and lives. With fiscal 2021 net revenue of $3.3 billion, H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, health and beauty, transportation and infrastructure, aerospace, new energy, packaging, construction, woodworking, general industries, and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive. hbfuller.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed