New Sugru owners will expand firm, founder says

Jane Ní Dhulchaointigh, the inventor of mouldable glue Sugru, says her company’s new owners will invest to expand the business after it was bought out by German adhesives giant Tesa for £7.6 million.

The deal left the company’s original investors nursing a roughly 90 per cent loss, but Ní Dhulchaointigh told The Sunday Business Post thatTesa would be investing in FormFormForm, the company behind Sugru, in order to help it expand into new ...