More news
- Axalta releases Q1 2024 results
- PPG again earns EcoVadis gold rating for sustainability practices, ranking among top 7% of...
- Baikowski® France 2030 plan winner for its innovative project to decarbonise alumina prod...
- New CEO at BASF: Martin Brudermüller hands over to Markus Kamieth
- Wacker stays below prior-year figures amid lower selling prices in Q1
H.B. Fuller Company announced today, August 6, 2012, that it has completed the sale of its Central America Paints business to Compania Global de Pinturas SA, (Pintuco), a company of Grupo Mundial, for US$120M. Following fulfillment of all conditions associated with the divestiture, the deal closed on August 6, 2012.
The paints business has a leading market position in Central America with strong local manufacturing capabilities and a broad range of quality 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.