2014-2016 Exhibitions
Germany-based compounder Lehmann & Voss has acquired Performance Compounding . This acquisition will further expand its position in the US market and continue its strategy of internationalisation. Terms were not disclosed.
In 2013, Lehmann & Voss founded the sales company Lehvoss North America. Now, the second key step in the systematic development of the US market is taking place. “The involvement in Performance Compounding is an ideal strategic addition to achieve the growth targets for our LUVOCOM high performance compounds in the USA,” explained Dr. Alexander Sunder, global director of the business unit.
Headquartered in Pawcatuck, Conn., Performance Compounding produces a wide range of melt processable fluoropolymers and engineering plastics. Close cooperation has linked it with the Lehmann & Voss subsidiary Lehvoss North America for two years.
Through its new acquisition, Lehmann & Voss is aiming for continuity and reliability. The long-standing managing director, Dr. Lefteris Valsamis, will now function as general manager of the company. Valsamis and his experienced team will be contributing a well-developed level of technical expertise to the partnership.
Together, the two companies will be supplying sophisticated and tailor-made solutions and will continue developing the range for the US market.
(PRA)
