H.B. Fuller Company FUL announced today that it has completed the acquisition of the assets of privately held Liquamelt Corp., an Ohio based manufacturer and marketer of the patented Liquamelt adhesive system.
Liquamelt Corp. currently employs eight people. In addition to the material and equipment patents, the principal assets acquired include equipment and inventory. The Liquamelt system is expected to generate less than $1 million in revenue in 2011. The financial results of this business will be included in the Company's North America operating segment.
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