The acquired product lines include water-based, hot-melt, reactive and solvent-based adhesives for the assembly, woodworking, footwear and converting industries, and emulsions for the paint, textiles and food-product industries. Probos is a longtime exclusive licensee of H.B. Fuller's Rakoll woodworking brand in the Portuguese market.
H.B. Fuller Acquires Adhesives, Resins Businesses of Probos S.A.
April 1, 2004
ST. PAUL - H.B. Fuller Co. has acquired the adhesives and resins businesses of Probos S.A., based in Oporto, Portugal. Terms were not announced. The businesses primarily supply the Portuguese and Spanish markets and have combined annual sales of approximately $30 million.