M&A is a pathway for enterprises to achieve rapid growth.

I have worked in the adhesive industry for 30 years, experiencing entrepreneurship, corporate development, listing, and M&A—giving me comprehensive expertise in this sector. I authored the book *Stories from the Adhesive Industry: Observations and Experiences over 30 Years*, which includes an article specifically analyzing how Henkel became the world’s leading adhesive company. Before the 1980s, Henkel was relatively unknown in the adhesive field. In 1995, it acquired German company Teroson; in 1997, it acquired U.S.-based Loctite. These acquisitions secured Henkel’s international presence in engineering adhesives and sealants, propelling it to become the world’s largest adhesive manufacturer. In 2008, Henkel further acquired the adhesive business of U.S.-based National Starch, decisively outpacing its competitors and solidifying its position as the undisputed global leader. Since 2010, U.S.-based H.B. Fuller has also accelerated its M&A strategy. In 2011, it acquired Swiss company Forbo—eliminating a formidable competitor. In June 2014, H.B. Fuller signed an acquisition agreement with Beijing TianShan Chemical Co., Ltd., aiming to expand into new markets and enter the engineering adhesive segment. In 2016, it acquired U.S.-based Cyberbond; in 2017, it acquired U.S.-based Royal Adhesives & Sealants—further strengthening its leadership in engineering adhesives. Through this series of acquisitions, H.B. Fuller has become the world’s second-largest adhesive company. Both Henkel and H.B. Fuller are century-old enterprises that continue pursuing growth through M&A and innovation—successfully securing the top two positions globally in the adhesive industry. As one of the founders of Beijing TianShan, I led and participated in all stages of H.B. Fuller’s acquisition of Beijing TianShan since 2013—including negotiations, due diligence, closing, and integration—gaining substantial insights over more than five years. M&A is purpose-driven expansion: it may aim to eliminate competitors or to enter new markets. To strengthen competitive advantages, M&A strategy is indispensable—but many M&As ultimately fail.

Global and China Engineering Adhesives Market Trend Insights and Investment Value Report (2024–2030)

4.1.1 Global Engineering Adhesives Sales Revenue and Market Share by Major Region (2019–2024) 4.1.2 Global Engineering Adhesives Sales Revenue Forecast by Major Region (2024–2030) 4.2 Global Engineering Adhesives Sales Volume Analysis: 2019 vs. 2023 vs. 2030 4.2.1 Global Engineering Adhesives Sales Volume and Market Share by Major Region (2019–2024) 4.2.2 Global Engineering Adhesives Sales Volume and Market Share Forecast by Major Region (2025–2030) 4.3 North America: Engineering Adhesives Sales Volume, Revenue, and Growth Rate (2019–2030) 4.4 Europe: Engineering Adhesives Sales Volume, Revenue, and Growth Rate (2019–2030) 4.5 China: Engineering Adhesives Sales Volume, Revenue, and Growth Rate (2019–2030) 4.6 Japan: Engineering Adhesives Sales Volume, Revenue, and Growth Rate (2019–2030) 4.7 Southeast Asia: Engineering Adhesives Sales Volume, Revenue, and Growth Rate (2019–2030) 4.8 India: Engineering Adhesives Sales Volume, Revenue, and Growth Rate (2019–2030) 5 Analysis of Global Key Manufacturers 5.1 Henkel 5.1.1 Henkel: Basic Information, Engineering Adhesives Production Bases, Sales Regions, Competitors, and Market Position 5.1.2 Henkel Engineering Adhesives: Product Specifications, Parameters, and Market Applications 5.1.3 Henkel Engineering Adhesives: Sales Volume, Revenue, Pricing, and Gross Margin (2019–2024) 5.1.4 Henkel Company Profile and Core Business 5.1.5 Henkel Latest Corporate Developments 5.2 H.B. Fuller 5.2.1 H.B. Fuller: Basic Information, Engineering Adhesives Production Bases, Sales Regions, Competitors, and Market Position 5.2.2 H.B. Fuller Engineering Adhesives: Product Specifications, Parameters, and Market Applications 5.2.3 H.B. Fuller Engineering Adhesives: Sales Volume, Revenue, Pricing, and Gross Margin (2019–2024) 5.2.4 H.B. Fuller Company Profile and Core Business 5.2.5 H.B. Fuller Latest Corporate Developments 5.3 Arkema 5.3.1 Arkema: Basic Information, Engineering Adhesives Production Bases, Sales Regions, Competitors, and Market Position 5.3.2 Arkema Engineering Adhesives: Product Specifications, Parameters, and Market Applications 5.3.3 Arkema Engineering Adhesives: Sales Volume, Revenue, Pricing, and Gross Margin (2019–2024) 5.3.4 Arkema Company Profile and Core Business 5.3.5 Arkema Latest Corporate Developments 5.4 3M 5.4.1 3M: Basic Information, Engineering Adhesives Production Bases, Sales Regions, Competitors, and Market Position 5.4.2 3M Engineering Adhesives: Product Specifications, Parameters, and Market Applications

H.B. Fuller Board Unanimously Rejects Second Unsolicited, Non-Binding Proposal for Building Adhesive Solutions Segment

Oct 19, 2026

H.B. Fuller's board unanimously rejected Ancora's unsolicited $1.2 billion to $1.4 billion offer for its Building Adhesive Solutions segment, deeming it inadequate. The company will explore divesting other segments to deleverage, with results expected by year-end 2026.

Finviz

H.B. Fuller Board Unanimously Rejects Second Unsolicited, Non-Binding Proposal for Building Adhesive Solutions Segment

Business Wire

H.B. Fuller Board Unanimously Rejects Second Unsolicited Acquisition Bid

Stock Titan

2026-01-15

H.B. Fuller Beats Estimates Despite Volume Decline

2026-03-25

H.B. Fuller Beats Estimates on Raw Material Cost Savings

2026-04-16

H.B. Fuller Raises Quarterly Dividend 4.3% to 24.5 Cents Per Share