# H.B. Fuller completes acquisition of XCHEM International

H.B. Fuller completed the acquisition of XCHEM International, an adhesives manufacturer in the UAE, to expand its Construction Adhesives business in the Middle East and Northern Africa.

- Type: Acquisition
- Announced: 2023-06-22
- Where: United Arab Emirates, United Arab Emirates
- Jobs: 90
- Status: completed
- Products: specialty adhesives and coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [H.B. Fuller](https://endata.com/companies/8240.md) (acquirer)
- [XCHEM International](https://endata.com/companies/71004.md) (target)

## Sources

- [newsroom.hbfuller.com](https://newsroom.hbfuller.com/press-releases/press-release-details/2023/H.B.-Fuller-Completes-Strategic-Acquisitions-Consistent-with-Profitable-Growth-Strategy/default.aspx), 2023-06-22: "The acquisition provides H.B. Fuller's CA global business unit with its first manufacturing presence outside the U.S."
- [investors.hbfuller.com](https://investors.hbfuller.com/news/news-details/2023/H.B.-Fuller-Acquires-XCHEM-International-in-the-United-Arab-Emirates/default.aspx), 2023-07-05: "This strategic investment directly supports our long-term strategy of diversifying and growing H.B. Fuller's CA business outside the U.S."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/H-B-FULLER-COMPANY-12696/news/H-B-Fuller-Acquires-XCHEM-International-in-the-United-Arab-Emirates-44282212/), 2023-07-06: "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"
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/100353-hb-fuller-acquires-xchem-international), 2023-07-12: "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"
- [worldofprint.com](https://www.worldofprint.com/2023/07/21/hb-fuller-acquires-xchem-international-in-the-united-arab-emirates/), 2023-07-20: "This strategic investment directly supports our long-term strategy of diversifying and growing H.B. Fuller's CA business outside the U.S."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.