Mergers & Acquisitions

H.B. Fuller’s Flooring Business Acquired by Pacific Avenue Capital Partners

6471 H.B. Fuller Flooring Business NT SP

M&A Engagement Overview

Industry Group: Industrials
Area of Focus: Chemicals & Specialty Materials

Harris Williams advised H.B. Fuller, the largest pureplay adhesives company in the world, on the sale of their Flooring business to Pacific Avenue Capital Partners.

The coatings, adhesives, sealants, and elastomers market continues to garner strong interest from both financial and strategic buyers, and the flooring preparation and bonding sector has durable tailwinds driven by ongoing residential and commercial construction. Attractive targets, like H.B. Fuller’s Flooring business, offer a combination of innovation, entrenched customer relationships, and diverse applications.

H.B. Fuller’s Flooring business is a leading provider of adhesives, grouts, mortars, and other innovative solutions serving commercial and residential flooring applications in North America.

H.B. Fuller’s Flooring business offers a comprehensive suite of flooring preparation and adhesive solutions across all flooring types including tile, stone, wood, carpet, and resilient flooring. The business has delivered significant value to customers with its leading technology and innovation.

This divestiture represents another successful milestone in H.B. Fuller’s stated portfolio optimization strategy. Pacific Avenue has a long history of investing in specialty chemicals and building products carve-outs, and they are a highly compelling partner for the next chapter in H.B. Fuller’s Flooring business’ evolution.

Contact the Harris Williams Industrials Group to learn more about this client engagement.