H.B. Fuller to Sell Paints Business to Pintuco
ST. PAUL, MN -- H.B. Fuller Co. has signed an agreement to sell its Central American paints business to Compania Global de Pinturas S.A. (Pintuco), a Grupo Mundial company.
H.B. Fuller's Central American paints business has a leading market position in the region with strong brands, a broad offering of quality product lines and a local manufacturing presence. Sales are made through multiple distribution channels, including retail distributors and the company's network of retail stores located throughout Central America. Its brands are well recognized, and its products are widely used for residential and commercial applications, including architectural, marine and highway safety.
Based in Medellin, Colombia, Pintuco is a leading company in the paint industry in the Andean region, with a presence in Colombia, Venezuela, Ecuador, Costa Rica, Panama and the Caribbean.
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