23.12.2014 19:25:48
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H.B. Fuller To Buy Continental Products
(RTTNews) - H.B. Fuller Co (FUL) on Tuesday agreed to purchase Continental Products Ltd, a provider of industrial adhesives in East and Central Africa. The business will generate approximately €2.3 million in revenue for the 2014 fiscal year, the company said.
Based in Nairobi, Kenya, Continental will be included in H.B. Fuller's Europe, India, Middle East, Africa (EIMEA) operating segment.
Founded in 1996, Continental works with customers to develop high-quality adhesives solutions for a wide range of industries. The addition of this business will enable H.B. Fuller to capitalize on access to local infrastructure in Kenya and to fully leverage its broad-based technology portfolio much more effectively in a strategically important geography. Continental has been H.B. Fuller's agent in the region since 2003.
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