H.B. Fuller Company

H.B. Fuller Company Overview

Company Headquarters: US

Founded: 1887

Workforce: ~ 10,000

Company Working: H.B. Fuller Company (H.B. Fuller) is a pioneer leader who designs, manufactures, and sells sealants, adhesives, and other chemical products, globally. It operates mainly through five business segments, namely, Americas Adhesives, EIMEA, Asia Pacific, construction adhesives, and engineering adhesives. The company offers its products for applications in medical, construction, electronics, energy, transportation, and other industrial sectors. Grouts, sealants, and other related products are offered by the company. Moreover, it offers its products and solutions through various brands, such as Advantra, Clean Melt, EternaBond, and Sesame.

H.B. Fuller has its presence in more than 30 countries of the Americas, Europe, the Middle East & Africa, and Asia-Pacific. It has its operation in countries such as the US, the UK, Spain, France, Germany, Czech Republic, Italy, Portugal, Egypt, the UAE, India, and Australia. Ramapo Sales and Marketing, Inc. and Dalton Holdings, LLC, are a few of its subsidiaries.

Strategy

H.B. Fuller invests heavily in research and development to create innovative adhesive solutions for its customers. The company's focus on innovation helps it to stay ahead of its competitors and provide unique products and services to its customers. H.B. Fuller has a strong customer-centric approach and works closely with its customers to understand their needs and provide customized solutions. The company has a team of experts who work closely with customers to provide technical support and develop innovative solutions.

Company Snapshot

$2,790.3M

Revenue

10,000

Employees

1887

Founded

US

Headquarters

SWOT Analysis

Strengths

Revenue growth by 10% between 2016 and 2017
Wide geographic presence
Diverse product portfolio
Strong R&D capabilities
Strong R&D facility
Strong global presence
Wide product portfolio
Strong financial position

Weaknesses

Long-term debt increased by USD 1,813 million between 2016 and 2017
Legal and regulatory risks
Dependence on a few key customers
Exposure to raw material price volatility

Opportunities

Investments in acquisitions and expansion
Product innovation and portfolio management
Partnerships and joint ventures with players in Asia-Pacific and the Middle East & Africa
Growing demand for sustainable products
Expansion into emerging markets

Threats

Liquidity risks
Lawsuits
High Competition
Technologically-advanced products offered by competitors
Regulatory changes

Key Developments

Date	Approach	Development
–	Product Development	H.B. Fuller introduced two new adhesive tapes, namely, Lunamelt HL 2838 and Swiftmelt 2033, for applications in automotive, construction, and other industries.
–	Product Development	H.B. Fuller unveiled a new Lunamelt PS 4015 sealing adhesive tape for the Indian market.
–	Acquisition	H.B. Fuller acquired Adecol Ind. Química, an adhesive manufacturing company in Brazil.
–	Expansion	H.B. Fuller inaugurated its new business office in Pune, India. This expansion helped the company to strengthen its position in Indian as well as in the neighboring countries market.
–	Expansion	H.B. Fuller inaugurated its new office in Dubai (UAE) to expand its business in the Middle East.
2022	Product Launch	H.B. Fuller Company launched several Innovative Adhesives that address growing trends in sustainable consumer goods and e-commerce packaging at PRINTPACK INDIA® 2022.
2017	Acquisition	H.B. announced its acquisition of Royal Adhesives & Sealants for $1.575 billion. Few people realize the impact of adhesives. They are everywhere, making virtually any durable or consumer product better. Adhesives have the potential to make the world a better place, and H.B. Fuller is tapping adhesives in unique ways to improve a range of global issues.

Product Offering

H.B. Fuller Company
- Adhesives Tapes
- Acrylic Adhesive

Financial Performance

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