H.B. Fuller Establishes European HQ with Acquisitions in Medical Adhesive SpaceH.B. Fuller Establishes European HQ with Acquisitions in Medical Adhesive Space

H.B. Fuller Company has signed agreements to acquire two leading medical adhesive technology companies: GEM S.r.l. and Medifill Ltd.

Medifill Ltd. is an Irish formulator and producer of medical-grade cyanoacrylate adhesives with a state-of-the-art clean room and manufacturing capabilities. Medifill produces advanced technology that is specifically tailored for the wound closure market. The next-generation formulations enable fast, safe, and effective wound closure.

GEM S.r.l. is an Italian manufacturer and provider of medical adhesives and innovative application devices approved and certified for over 80 internal indications. The acquisition establishes a European headquarters for H.B. Fuller’s Medical Adhesive Technologies (MAT) business and expands its medical adhesive offerings, further shifting its portfolio toward highly profitable, higher-growth markets.

These acquisitions build upon H.B. Fuller’s previous investments in the tissue adhesives market — including the acquisition of Cyberbond in 2016, Tissue Seal in 2021, and Adhezion Biomedical in 2023 — significantly expanding the company’s global Medical Adhesive Technologies (MAT) business and geographic footprint.

Tissue adhesives designed for internal use offer innovative alternatives to traditional sutures, staples, and embolizing agents,” says H.B. Fuller President and CEO Celeste Mastin. “With the purchase of GEM, Medifill, and our previous acquisitions in this space, H.B. Fuller has now built a Medical Adhesive Technologies business founded on our expertise in cyanoacrylate chemistry, and we have extended our penetration into a global footprint.”

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When combined, the two companies are expected to generate 2024 net revenue and adjusted EBITDA of €23 million and €11.5 million, respectively. The two companies will operate within H.B. Fuller’s Hygiene, Health & Consumable (HHC) Adhesives Global Business Unit (GBU).