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Home  > Markets & companies  > Coatings market  > H.B. Fuller completes sale of paints business

Wednesday, 21 August 2019
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Markets & companies, Coatings market

H.B. Fuller completes sale of paints business

Wednesday, 8 August 2012

H.B. Fuller has sold its paints business for USD 120 million to Colombia-based Global de Pinturas S.A.

H.B. Fuller Company announced that it has completed the sale of its Central America Paints business to Compania Global de Pinturas S.A., ("Pintuco"), a company of Grupo Mundial, for USD 120 million. Following fulfillment of all conditions associated with the divestiture, the deal closed on August 6, 2012.

Pintuco's paints business has a strong market position in Central America with strong local manufacturing capabilities and a broad range of product lines, which are widely used for residential and commercial applications. The sold business includes nearly 800 employees who work across Central America and in production plants and laboratories in Costa Rica, Honduras and Panama.

Pintuco's Paints business has a strong market position in Central America with strong local manufacturing capabilities and a broad range of product lines. Source: Suzannmeer - Fotolia.com
Pintuco's Paints business has a strong market position in Central America with strong local manufacturing capabilities and a broad range of product...
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