H.B. Fuller Co. Adds ProSpec®

ST. PAUL, Minn. – H.B. Fuller Co. acquired ProSpec® Construction Products, a provider of tile and stone installation products, in a deal announced last week.

H.B. Fuller purchased the business from Bonsal American, a subsidiary of Oldcastle Inc., the North American holding company of CRH plc. The acquisition includes three factories, and expands the manufacturing footprint of H.B. Fuller’s construction business into Texas and California.

This acquisition supports H.B. Fuller’s growth strategy by strengthening the company’s customer profile in the southeastern and western regions of the United States, where tile consumption is largest. The addition of ProSpec also increases the depth of H.B. Fuller’s product offerings and enables lower-cost and better service to customers through a larger manufacturing footprint.

“Construction is one of our key growth segments in North America, and this acquisition is an exciting move for H.B. Fuller,” said Jim Owens, H.B. Fuller president/CEO. “With ProSpec, we will be able to better serve our big-box customers with locations in the West and Southwest, broaden our product line, reduce our manufacturing and freight costs, and increase our presence with customers and key distributors in the Southeast.”

ProSpec has a long history of providing architects, engineers and commercial/residential construction contractors with professionally specified construction products that include tile- and stone-installation systems, surface-preparation systems and concrete repair/restoration products.

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