Avery Dennison Corp. has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group for the purchase price of $390 million. The acquisition is subject to certain customary closing and post-closing adjustments. Avery Dennison expects the transaction to close in the fourth quarter. It is not expected to have a […]
Forbo Group announced today that Andreas Jaeger, CFO and interim CEO, has decided to leave the company during the fourth quarter of 2025 to take on a new professional challenge. He will continue to perform his current roles. According to Forbo Group, the process for filling the CFO position has started. “On behalf of the […]
H.B. Fuller Co. announced it will reorganize the building and construction segments of its portfolio to create a faster growing solutions business with a complementary customer base across the architectural and infrastructure markets. The reorganization includes the sale of the Flooring business as well as combining the company’s Insulated Glass, Woodworking, and Composite segments, currently […]
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