H.B. Fuller acquires ND Industries
Adhesives company H.B. Fuller has acquired ND Industries, a provider of specialty adhesives and fastener locking and sealing solutions serving customers in the automotive, electronics, aerospace, and other industries.
The acquisition is expected to accelerate the realisation of H.B. Fuller’s top growth priorities, consistent with the company’s strategy to proactively drive capital allocation to the highest margin, highest growth market segments within the functional coatings, adhesives, sealants and elastomer (CASE) industry. As part of the acquisition, products under ND Industries’ “Vibra-Tite” brand will be added to H.B. Fuller’s existing epoxy, cyanoacrylate, UV curable and anaerobic product range.
“ND Industries has been a very profitable, family-owned business for several decades and has impressively built one of the most extensive product portfolios in the pre-applied fastener industry,” says President and CEO Celeste Mastin. “Their products are a natural fit with our existing market segments and bring new technology to our portfolio — combining the benefits of an adhesive and a mechanical fastener within extremely demanding applications — resulting in a powerful advantage for our customers.”
Headquartered outside Detroit, Michigan, ND Industries serves a global market with facilities in the United States and Asia, and pre-applied coating partners around the world. The company generated approximately USD 70 million in revenue in fiscal 2023. The new business, which includes five U.S. locations and 300 employees, will operate within H.B. Fuller’s existing Engineering Adhesives global business unit.