Urethane Blog

H.B. Fuller To Buy Royal Adhesives

September 5, 2017

American Securities Announces Agreement to Sell Royal Adhesives & Sealants to H.B. Fuller Company

PR Newswire

Sep. 4, 2017, 09:45 PM

NEW YORK, Sept. 4, 2017 /PRNewswire/ — American Securities LLC, a leading U.S. private equity firm, today announced that it has entered into a definitive agreement to sell Royal Adhesives & Sealants (“Royal” or the “Company”) to H.B. Fuller Company (NYSE: FUL) (“H.B. Fuller“) for $1.575 billionH.B. Fuller is a leading global adhesives provider focusing on perfecting adhesives, sealants, and other specialty chemical products to improve products and lives.  The transaction is expected to close as soon as October 2017, and is subject to customary closing conditions and regulatory approvals.

Royal is a global developer and manufacturer of proprietary, high-performance adhesives and sealants. Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets, including aerospace and defense, construction, specialty packaging, automotive and industrial. The company offers a broad spectrum of customized thermosetting epoxy and urethane, solvent-based and water-based technologies to meet the most demanding adhesive and sealant applications.

Scott Wolff, a Managing Director of American Securities, commented, “We are proud to have partnered with Ted and the entire Royal management team to drive organic growth through new business wins and growth through acquisitions.”

“We are proud of our commitment to innovation and our long-term customer relationships,” said Ted Clark, President and CEO of Royal.  “We have drawn upon American Securities’ significant experience in the specialty chemicals sector to help us continue to deliver industry-leading growth.  We look forward to our next chapter of growth with H.B. Fuller.”

About Royal Adhesives & Sealants
Royal Adhesives & Sealants is a global developer and manufacturer of proprietary, high-performance adhesives and sealants. Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets including aerospace and defense, construction, specialty packaging, automotive and industrial. The company offers a broad spectrum of customized thermosetting epoxy and urethane, solvent-based and water-based technologies to meet the most demanding adhesive and sealant applications. For additional information on Royal, please visit www.royaladhesives.com.

http://markets.businessinsider.com/news/stocks/American-Securities-Announces-Agreement-to-Sell-Royal-Adhesives-Sealants-to-H-B-Fuller-Company-1002306835

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