H.B. Fuller Acquires XCHEM International in the United Arab Emirates

July 5, 2023

New manufacturing capacity and complementary portfolio expand and diversify H.B. Fuller’s Construction Adhesives business

Dubai, UAE – H.B. Fuller Company (NYSE: FUL), the largest pureplay adhesives company in the world, announced that it has acquired XCHEM International LLC, an adhesives manufacturer in the United Arab Emirates (UAE) that offers a wide range of specialty adhesives and coatings for industrial and infrastructure applications in the fast-growing construction markets of the Middle East and Northern Africa. 

The acquisition provides H.B. Fuller’s Construction Adhesives (CA) global business unit with its first manufacturing presence outside the U.S. for its flagship Fosters® brand; broadens CA’s portfolio of highly specified applications; and diversifies its portfolio toward both non-U.S. and infrastructure-oriented markets.Focus areas include HVAC, waterproofing, flooring, commercial roofing, and other key technologies across the company’s CA and Engineering Adhesives (EA) businesses.

“This strategic investment directly supports our long-term strategy of diversifying and growing H.B. Fuller’s CA business outside the U.S. and capitalizes on strong regional capabilities and expertise to take advantage of fast-growing, high-margin segments across multiple technologies in the emerging region of the Middle East and Northern Africa,” says Boz Malik, senior vice president, H.B. Fuller Construction Adhesives. “XCHEM International adds complementary products that align with our global portfolio, specifically in the Building Envelope & Infrastructure markets, and expands our business network, technical service, and supply chain in that geography.”

With customers in more than 25 countries and a team of 90 employees, XCHEM International will operate within H.B. Fuller’s CA global business unit. The company’s head office and main manufacturing facility are in Ras Al Khaimah, one of the seven emirates of the UAE.

About H.B. Fuller:

Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives and sealants to improve products and lives. With fiscal 2022 net revenue of $3.75 billion, H.B. Fuller’s commitment to innovation and sustainable adhesive solutions brings together people, products and processes that answer and solve some of the world's biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, medical, transportation, aerospace, clean energy, packaging, construction, woodworking, general industries and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive. Learn more: https://www.hbfuller.com/.

About XCHEM International LLC

Prior to the acquisition, XCHEM International has emerged as a prominent player in the Middle East's adhesives, coatings, and construction chemicals industry. Its products are present in everyday life all around us. Since 2010, XCHEM International helps bond things together, keeps ventilation cool with its coatings, and is present in cars, home interiors, and roofs. Headquartered in the United Arab Emirates, the company possess a deep regional expertise, specifically catering to the Middle East and Africa markets. With a state-of-the-art manufacturing facility, customer-focused mind set, and a diverse portfolio of over 150 products, XCHEM International is committed to forging enduring connections and providing tailored solutions that address the distinct needs of customers across many industries. XCHEM international is paving the way for a better future and will continue to offer reliable and sustainable solutions that deliver lasting value. Learn more: https://www.xchem.ae/.

Estela Viegas
Corporate PR
+351 931 731 437
estela.viegas@hbfuller.com

Source: H.B. Fuller Company