US glue maker swoops on AIM-listed manufacturer in £659m deal Industrials A US glue maker is set to hand London’s junior stock market another blow after snapping up medtech firm Advanced Medical Solutions. HB Fuller said on Thursday it would acquire the AIM-listed company in a deal that values it at £659m. The US manufacturer – which specialises in industrial adhesives and chemical products – offered [...]
AMS Group reports ‘strong’ first half amid rumoured takeover interest healthcare In the six months to June, revenue rose by eight per cent to £68.0m, with strong growth in the firm's surgical business unit offsetting "challenges" in its Woundcare unit.
Advanced Medical Solutions: Strong US sales boosts revenue for wound-closure tech firm Business Advanced Medical Solutions (AMS) has announced a 10 per cent revenue hike for the first half of 2024 after sales for wound-closure tech in the United States took off. The company, which develops and manufactures tissue-healing technology, announced first-half revenue of £68m. Based on these numbers, the firm said it expected to report adjusted profit [...]