secwatch.observer — SEC 8-K summary
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Issuer:     FULLER H B CO (FUL)
CIK:        0000039368
Form:       8-K
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0001437749-22-001857
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H.B. Fuller acquires Apollo Chemicals, Fourny nv for $211M total; expects $8M annual synergies
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- Total purchase price $211M; multiple 12.3x EBITDA before synergies, 8.4x after expected $8M annual run-rate synergies.
- Apollo projected 2022 revenue ~£42M (~$56M) and EBITDA ~£11M (~$15M); Fourny had 2021 sales €8M and EBITDA €2.1M.
- Transactions financed via existing revolving credit facility; expected to be accretive to adjusted EPS in first year.
- Deals expand H.B. Fuller's position in UK and European construction roofing, industrial adhesives markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39368/000143774922001857/0001437749-22-001857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39368/000143774922001857/ful20220121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-001857

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