H.B. Fuller Acquires ND Industries
22.05.2024 - H.B. Fuller Company, the biggest pureplay adhesives company in the world, has acquired ND Industries, a leading provider of specialty adhesives and fastener locking and sealing solutions serving customers in the automotive, electronics, aerospace, and other industries.
The acquisition will speed up H.B. Fuller’s growth in the most profitable and expanding areas of the functional coatings, adhesives, sealants, and elastomer (CASE) industry. The acquisition includes ND Industries’ Vibra-Tite brand products, which will be added to H.B. Fuller’s existing epoxy, cyanoacrylate, UV curable, and anaerobic product range.
“ND Industries has been a very profitable, family-owned business for several decades and has impressively built one of the most extensive product portfolios in the pre-applied fastener industry,” said President and CEO of H.B. Fuller, Celeste Mastin. “Their products are a natural fit with our existing market segments and bring new technology to our portfolio — combining the benefits of an adhesive and a mechanical fastener within extremely demanding applications — resulting in a powerful advantage for our customers.”
ND Industries formulates materials for fasteners and assemblies, enhancing their function and safety. Their processing centers apply engineered coatings, and they offer maintenance technologies. This complements H.B. Fuller’s adhesive application expertise.
“With more than 55 years of excellence and a strong customer base, ND Industries has been at the forefront of technological advancements for decades,” commented Richard Wallace, chairman of ND Industries Inc. “Both companies have worked closely over the past several months to ensure a smooth transition and share many of the same values, including close customer collaboration and innovating with speed.”
ND Industries, based near Detroit, operates globally with US and Asian facilities. It made about $70 million in 2023. The new business, with five U.S. locations, will join H.B. Fuller’s Engineering Adhesives unit.
Contact
H.B. Fuller Company
1200 Willow Lake Boulevard
55110 St. Paul
MN, United States
+ 1 651-242-0280