--- title: "H.B. Fuller nears a $628 million deal for UK wound-care maker AMS, over its own investor’s objections" url: https://daily.dev/posts/h-b-fuller-nears-a-628-million-deal-for-uk-wound-care-maker-ams-over-its-own-investor-s-objection-zwg4bmssm source_url: https://thenextweb.com/news/hb-fuller-628-million-ams-medtech-deal type: article source: "The Next Web" published: 2026-06-25T09:13:46.891Z updated: 2026-06-25T09:14:07.485Z tags: ["business"] reading_time: 4 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # H.B. Fuller nears a $628 million deal for UK wound-care maker AMS, over its own investor’s objections **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary H.B. Fuller, the US adhesives manufacturer, has agreed a 285 pence-per-share cash offer for UK-listed wound-care company Advanced Medical Solutions (AMS), valuing the equity at approximately $628 million and the enterprise at £715 million. The AMS board supports the deal, which H.B. Fuller argues will expand its addressable market by $15 billion and generate $55 million in synergies by 2031. However, activist shareholder Ancora Holdings, owning over 2% of H.B. Fuller, is publicly opposing the acquisition, calling it a 'reckless pursuit' that would push leverage above four times net debt/EBITDA and venture into a medical category where H.B. Fuller has no experience. Ancora has threatened a proxy fight if the board proceeds. A UK Takeover Code deadline of July 2 will determine whether a firm offer is announced. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Alchemab lands £25m from British Business Bank in record life sciences bet](https://daily.dev/posts/alchemab-lands-25m-from-british-business-bank-in-record-life-sciences-bet-jjo6q7pxh) · The Next Web · 0 upvotes · 0 comments - [Bristol Myers Squibb signs $15.2 billion drug deal with China's Hengrui as patent cliff looms](https://daily.dev/posts/bristol-myers-squibb-signs-15-2-billion-drug-deal-with-china-s-hengrui-as-patent-cliff-looms-dvilzff3j) · The Next Web · 0 upvotes · 0 comments - [Rem3dy Health raises £14M at £84M valuation to take 3D-printed personalised vitamins global](https://daily.dev/posts/rem3dy-health-raises-14m-at-84m-valuation-to-take-3d-printed-personalised-vitamins-global-bo1yoi922) · The Next Web · 0 upvotes · 0 comments - [Ametek to buy Indicor's instrumentation businesses for $5bn](https://daily.dev/posts/ametek-to-buy-indicor-s-instrumentation-businesses-for-5bn-eww2oe80g) · The Next Web · 1 upvotes · 0 comments - [SK Hynix sets a $29 billion US listing that could top every ADR deal ever done](https://daily.dev/posts/sk-hynix-sets-a-29-billion-us-listing-that-could-top-every-adr-deal-ever-done-16j9jdfme) · The Next Web · 0 upvotes · 0 comments --- Tags: [#business](https://daily.dev/tags/business) [View this post on daily.dev](https://daily.dev/posts/h-b-fuller-nears-a-628-million-deal-for-uk-wound-care-maker-ams-over-its-own-investor-s-objection-zwg4bmssm)