FULLER H B Business Summary

H.B. Fuller (NYSE: FUL) is a leading global manufacturer of adhesives, sealants, and specialty chemicals, generating revenue through the direct sale of high-performance bonding solutions across more than 30 industrial segments. The company operates through three primary business units: Hygiene, Health and Consumable Adhesives (HHC), serving packaging and personal care; Engineering Adhesives (EA), focused on electronics, automotive, and aerospace; and Building Adhesive Solutions (BAS), a realigned segment serving construction and infrastructure following the 2025 divestiture of its North American flooring business. With fiscal 2025 net revenue of $3.47 billion and a market capitalization of approximately $3.58 billion as of February 2026, H.B. Fuller is the world’s largest pure-play adhesives provider and the fourth-largest manufacturer in the sector. It competes with diversified giants such as Henkel AG, 3M Company, Arkema (Bostik), and Sika AG, positioning itself as a specialized technical partner with a global manufacturing footprint of 81 facilities. Founded in 1887 by Harvey Benjamin Fuller, the company is led by President and CEO Celeste Mastin, a chemical engineer and former CEO of PetroChoice and Distribution International. The core leadership team includes Executive VP and CFO John Corkrean, a veteran of Ecolab, and Senior VP of Global R&D Xinyu Du, who directs the firm's innovation pipeline and sustainable product initiatives. This team is currently overseeing "Project Quantum Leap," a multi-year operational restructuring aimed at consolidating manufacturing to drive EBITDA margins toward a 20% target by late 2026. Governance is provided by an independent board chaired by Teresa Rasmussen, CEO of Thrivent, with significant institutional backing from major shareholders including Vanguard, BlackRock, and State Street. This executive group leverages a deep pedigree in specialty chemicals and industrial operations to maintain a 7% share of the fragmented $75 billion global adhesives market.