Who is opposing H.B. Fuller's $800 million acquisition and what is their main argument?

Ancora Holdings Group, a major shareholder owning about 2% of H.B. Fuller, is opposing the acquisition of U.K.-based Advanced Medical Solutions Group, calling it 'reckless' and arguing that it contradicts H.B. Fuller's prior statements about pausing M&A deals to focus on debt reduction.

What strategic action is Ancora Holdings Group demanding from H.B. Fuller?

Ancora Holdings Group is pushing for a strategic alternatives review for H.B. Fuller, citing the company's underperformance and questioning the rationale behind the proposed acquisition.

Major shareholder wants to block H.B. Fuller’s ‘reckless’ $800M acquisition

Jun 5, 2026

Ancora Holdings opposes H.B. Fuller's $800M acquisition of Advanced Medical Solutions, citing reckless spending during debt reduction efforts. The activist investor demands a strategic alternatives review for the adhesive manufacturer.

Star Tribune

2026-05-26

Activist Ancora Pushes H.B. Fuller to Drop Bid for UK’s AMS

2026-05-26

Cleveland-based activist Ancora pushes H.B. Fuller to drop bid for U.K. firm

2026-05-26

Ancora Urges H.B. Fuller to Abandon Pursuit of Advanced Medical Solutions Acquisition

2026-05-28

H.B. Fuller Announces New Coating to Improve Food Packaging Recyclability

2026-05-30

Activist Investor Ancora Urges HB Fuller to Abandon UK AMS Acquisition Bid