H.B. Fuller (FUL) Acquires Engent
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Price: $59.00 -0.27%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +6.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +6.4%
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H.B. Fuller Co. (NYSE: FUL) finalized the purchase of Engent, Inc., a provider of manufacturing, research and development services to the electronics industry.
The Engent business generated under $10 million in revenue in 2011 at margins above H.B. Fuller's current levels. The results of this business will be included in the company's North America Adhesives business segment going forward.
The Engent business generated under $10 million in revenue in 2011 at margins above H.B. Fuller's current levels. The results of this business will be included in the company's North America Adhesives business segment going forward.
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