H.B. Fuller acquires Belgium-based adhesives, coatings provider Fourny
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H.B. Fuller acquires Belgium-based adhesives, coatings provider Fourny

Acquisition includes one factory and R&D center based in Willebroek, Antwerp, in Belgium

  • By ICN Bureau | February 07, 2022
H.B. Fuller Company announced that it has acquired the Belgium-based company Fourny nv, a well-respected provider of construction adhesives with more than 70 years of experience in technologies focused on commercial roofing, construction, and other private label industrial specialties.
 
Fourny’s position as a leader in the commercial roofing business will accelerate H.B. Fuller’s growth in Europe and allow localization of products imported from the United States. Together, with the recent addition of Apollo in the UK, these acquisitions will strengthen the company’s expertise and deep market knowledge, intimate customer relationships and local manufacturing footprint. By also sharing cultures and business models that are well aligned, these businesses will enable faster technical service and more local customer support in the UK and Europe.
 
“This investment represents a strategic step toward our vision to expand our manufacturing, product range, and talent in Europe, particularly in growing markets, like roofing and building envelope, and increase our supply chain solutions in this region,” says Boz Malik, senior vice president, H.B. Fuller Construction Adhesives. “These levers will better position us to capitalize on access to regional production and development capabilities, while reducing freight costs and service lead-times. We will be able to fully leverage, and complement, our construction technology portfolio much more effectively in this important geography for our company.”
 
“We are very pleased to join forces with H.B. Fuller and begin a new era for our combined businesses, creating value for our customers and employees. Together, our skills, products and network will enable us to provide more innovative, sustainable, and highly specialized adhesive solutions to the construction industry and be better positioned at anticipating our B2B customers’ future requirements. We are very excited to start this new chapter”, states Jan de Vooght, Co-CEO of Fourny nv.
 
With sales of €8 million and EBITDA of €2.1 million in 2021, Fourny will operate within H.B. Fuller’s existing Construction Adhesives global business unit. The acquisition includes one factory and R&D center based in Willebroek, Antwerp, in Belgium. 

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