H.B. Fuller Announces Divestiture of Flooring Business
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H.B. Fuller Company (NYSE: FUL) is reorganizing its building and construction segments by divesting its Flooring business and combining its Insulated Glass, Woodworking, and Composite segments. This move aims to create a faster-growing solutions business with a complementary customer base.
December 02, 2024 | 6:30 pm
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H.B. Fuller is divesting its Flooring business and reorganizing its segments to focus on growth in architectural and infrastructure markets.
The divestiture and reorganization are strategic moves to focus on faster-growing markets, which could positively impact H.B. Fuller's growth prospects and stock price in the short term.
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