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H.B. Fuller to Acquire Tonsan

Will strengthen position in engineering adhesives market

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

H.B. Fuller Company has announced that it has signed an agreement to purchase Tonsan Adhesive, Inc. With this acquisition, H.B. Fuller says it will add strong customer relationships in high-value, fast-growing engineering adhesives markets, state-of-the-art manufacturing facilities, and strong product and technology development capabilities. Tonsan’s current annual revenue is about $100 million with normalized EBITDA of just under $20 million. Engineering adhesives make up approximately 30% of ...

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