Posted to News on 29th Jul 2024, 13:00
ND Industries and Vibra-Tite acquired by HB Fuller
HB Fuller has acquired ND Industries, a leading 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 HB 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 HB 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."
ND Industries specialises in formulating and manufacturing a wide variety of materials applied on fasteners and assemblies to aid in critical functions such as locking, sealing, masking, lubricating, and noise and vibration dampening. The company also has a network of processing centres providing in-house engineered coating application services to help increase the safety and reliability of fastener assemblies, and a world-leading line of small pack technologies for maintenance, repair, and operations (MRO).
The combination of innovative adhesives, custom equipment, and pre-applied processing centres expands HB Fuller's already extensive adhesive application expertise.
"With more than 55 years of excellence and a strong customer base, ND Industries has been at the forefront of technological advancements for decades," added Richard Wallace, chairman of ND Industries. "Both companies have worked closely over the past several months to ensure a smooth transition and share many of the same values, including close customer collaboration and innovating with speed."
