Updated:
H.B. Fuller
H.B. Fuller Company is an SEC-registered investment adviser in San Mateo, CA, established in 1993. The firm manages $30.3 billion in assets. It employs 30...
H.B. Fuller
H.B. Fuller Company is an SEC-registered investment adviser in San Mateo, CA, established in 1993. The firm manages $30.3 billion in assets. It employs 30 people, including 11 investment advisers.
General information
Firm type
RIA
Year founded
1887
Location
Region
North America
Country
United States
City
San Mateo
Corporate office
Vadnais Heights, MN, United States
Principals
James H. Fuller
Founder
Celeste Mastin
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at H.B. Fuller?
Investment decisions are made by the CEO, Celeste Mastin, and the board of directors. The Fuller family maintains a controlling stake through Class B shares, giving them significant influence over strategic direction and capital allocation (per public record).
Is H.B. Fuller structured as a single family office?
No. H.B. Fuller is a publicly traded industrial corporation (NYSE: FUL), not a family office. The Fuller family retains control through a dual-class share structure, but the firm operates as a corporate entity with a board of directors and public shareholders.
What investment stages does H.B. Fuller typically target?
H.B. Fuller primarily pursues bolt-on acquisitions of mature or growth-stage specialty chemical and adhesives companies. It does not typically invest in early-stage startups or deploy venture capital.
Which sectors does H.B. Fuller focus on?
The firm serves construction, packaging, transportation, electronics assembly, woodworking, automotive composites, medical devices, and hygiene. It has a particular focus on industrial-grade adhesives and sealants used in durable goods manufacturing.
Does H.B. Fuller maintain philanthropic structures?
Yes, the H.B. Fuller Company Foundation, established in 1969, focuses on community engagement and STEM education. It is separate from the corporate operating budget and receives annual funding from the company (per the firm's communications).
How is H.B. Fuller related to the Fuller family fortune?
The Fuller family wealth originates from the adhesive business founded in 1887. Today, the family's controlling stake in the public company allows them to influence governance and enjoy dividends, but the corporate structure is distinct from a family office.
What is H.B. Fuller's known posture on co-investments alongside external GPs?
H.B. Fuller does not publicly disclose co-investment activity. As an industrial corporation, it typically makes acquisitions directly rather than through external private equity partnerships.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on investors?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: