Form 8-K FULLER H B CO For: Nov 11
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: November 11, 2015
(Date of earliest event reported)
H.B. FULLER COMPANY
(Exact name of registrant as specified in its charter)
Commission File Number: 001-09225
| Minnesota | 41-0268370 | |
| (State or other jurisdiction of incorporation) |
(IRS Employer Identification No.) |
1200 Willow Lake Boulevard
P.O. Box 64683
St. Paul, MN 55164-0683
(Address of principal executive offices, including zip code)
(651) 236-5900
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01. | Other Events. |
On November 11, 2015, H.B. Fuller Company (the “Company”) announced that it has been awarded damages in the amount of $12.8 million in its arbitration case against Accenture LLP related to the company’s ERP (enterprise resource planning software) implementation in 2014. The arbitrator also ruled that H.B. Fuller did not owe $1.4 million in fees, bringing the total monetary relief to over $14 million. A copy of the press release that discusses this matter is furnished as Exhibit 99.1 to, and incorporated by reference in, this report.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99.1 | Press Release, dated November 11, 2015, issued by H.B. Fuller Company |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| H.B. FULLER COMPANY | ||
| By: | /s/ Timothy J. Keenan | |
| Timothy J. Keenan | ||
| Vice President, General Counsel and Corporate Secretary | ||
Date: November 12, 2015
EXHIBIT INDEX
| Exhibit |
Description | |
| 99.1 | Press Release, dated November 11, 2015, issued by H.B. Fuller Company | |
Exhibit 99.1
|
Corporate Headquarters 1200 Willow Lake Boulevard St. Paul, Minnesota 55110-5101 |
Kimberlee Sinclair Director, Global Communications +1 651 236 5823 |
| NEWS |
For Immediate Release | November 11, 2015 |
H.B. Fuller wins monetary relief of over $14 million in arbitration case against Accenture
ST. PAUL, Minnesota, U.S. – H.B. Fuller Company (NYSE: FUL) announced today that it has been awarded damages in the amount of $12.8 million in its arbitration case against Accenture LLP related to the company’s ERP (enterprise resource planning software) implementation in 2014. The arbitrator also ruled that H.B. Fuller did not owe $1.4 million in fees, bringing the total monetary relief to over $14 million.
“While Accenture did not honor its contractual obligations to our company, I am extremely pleased with how our employees responded to the resulting challenges they faced over the course of the project,” says Jim Owens, President and CEO, H.B. Fuller. “Today, our business is running well and meeting customer needs, thanks to the extraordinary efforts of our committed employees. I’d also like thank our customers, suppliers and shareholders for their support throughout this project.”
H.B. Fuller is committed to delivering world-class, high-performance adhesive products and services to customers. The company is investing in a state-of-the-art ERP system to help drive quality service to its customers around the world, enabling sustainable, profitable growth.
###
About H.B. Fuller:
For over 125 years, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. With fiscal 2014 net revenue of $2.1 billion, H.B. Fuller’s commitment to innovation 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 packaging, hygiene, general assembly, electronic and assembly materials, paper converting, woodworking, construction, automotive and consumer businesses. And our promise to our people connects them with opportunities to innovate and thrive. For more information, visit us at www.hbfuller.com and subscribe to our blog.
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