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BRIEF-H.B. Fuller Announces Divestiture Of Flooring Business
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BRIEF-H.B. Fuller Announces Divestiture Of Flooring Business
Dec 2, 2024 10:42 AM

Dec 2 (Reuters) - H.B. Fuller Company ( FUL ):

* H.B. FULLER ANNOUNCES DIVESTITURE OF FLOORING BUSINESS

* H.B. FULLER COMPANY ( FUL ) - SALE OF FLOORING BUSINESS EXPECTED

TO

YIELD $80 MILLION

* H.B. FULLER ( FUL ) : DIVESTITURE WILL RESULT IN A REDUCTION IN

ANNUAL

REVENUE OF ABOUT $160 MILLION AND ADJUSTED EBITDA OF

APPROXIMATELY $15 MILLION GOING FORWARD

* H.B. FULLER COMPANY ( FUL ): SOLD ITS FLOORING BUSINESS TO PACIFIC

AVENUE CAPITAL PARTNERS

* H.B. FULLER COMPANY ( FUL ) - H.B. FULLER TO FORM NEW GLOBAL

BUSINESS

UNIT: BUILDING ADHESIVE SOLUTIONS

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