H.B. Fuller Company has entered into an asset purchase agreement with Henkel KGaA under which H.B. Fuller will acquire Henkel's insulating glass sealant business.
Henkel's glass sealant business manufactures sealants for windows used in both residential and commercial construction. They have a strong market presence in Europe and an expanding presence in Asia. Through this acquisition, they will become part of H.B. Fuller's Window business, within the company's Full-Valu/Specialty segment.
The assets being acquired primarily inclue manufacturing equipment, inventory and intellectual property.