Lehmann&Voss&Co. Takes Over Performance Compounding
In September 2014, Lehmann&Voss&Co., Hamburg, Germany, acquired the majority shareholding in US specialist Performance Compounding. Lehmann&Voss&Co. is further expanding its position in the important US market with this significant investment and resolutely continuing its strategy of internationalization.
At the beginning of 2013, Lehmann&Voss&Co. 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. The experienced producer, headquartered in Pawcatuck in the state of Connecticut, northwest of New York City, also develops and produces sophisticated compounds. Close cooperation has linked Lehmann&Voss&Co. with the company for two years now.
Through its new acquisition, Lehmann&Voss&Co. is aiming for continuity and reliability. The company 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 new company. His partner Alfred Bartkiewicz has reached retirement age and will be leaving the company.
Even prior to the takeover, Performance Compounding had been working to the high quality standards of Lehmann&Voss&Co. Together, the two companies will be supplying sophisticated and tailor-made solutions and will continue developing the range for the US market. In addition to advice and support on site, current and future customers will receive individual plastic compounds in high quality and with short delivery times.
Lehmann & Voss & Co.
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