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Lehmann & Voss has acquired Performance Compounding LLC.
The company states this acquisition will further expand its position in the important US market and continue its strategy of internationalisation.
Headquartered in Pawcatuck, Connecticut, US, Lehmann & Voss explains 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.
Accoridng to Lehmann & Voss through its new acquisition the company is aiming for continuity and reliability. It will continue operating under the name known in the USA. The long-standing Managing Director, Dr Lefteris Valsamis, will now function as General Manager of the company. Dr Valsamis and his experienced team will be contributing a well-developed level of technical expertise to the partnership.
“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.
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