Fri, 09/12/2014 - 00:00

PAWCATUCK, Conn. (Sept. 12, 2014) – Lehmann & Voss announced that it has acquired Performance Compounding LLC. This acquisition will further expand its position in the U.S. market and continue its strategy of internationalization. In 2013, Lehmann & Voss founded the sales company Lehvoss North America. Now, the second key step in the systematic development of the U.S. 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 U.S.,” explained Dr. Alexander Sunder, global director of the business unit. Headquartered in Pawcatuck, Connecticut, 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 company will continue operating under the name known in the U.S. The long-standing managing director, Dr. Lefteris Valsamis, will now function as general manager of the company. Valsamis and his experienced team will contribute a well-developed level of technical expertise to the partnership. Even prior to the takeover, Performance Compounding had been working to the high-quality standards of Lehmann & Voss. Together, the two companies will be supplying sophisticated and tailor-made solutions and will continue to develop the range for the U.S. market. Located in Hamburg, Germany, Lehmann & Voss is a company in the chemicals sector that has been developing, producing and marketing chemical and mineral specialties for various industrial clients for more than 100 years.