German sheet and profile manufacturer Simona (Kirn; www.simona.de/en) is strengthening its activities in the US. After having acquired plastics manufacturer Laminations (Archbald, Pennsylvania / USA; www.laminations.com) in January, the company now announced that it has signed an agreement to purchase Boltaron Performance Products (Newscomerstown, Ohio / USA; www.boltaron.com), a manufacturer of thermoplastic sheet products. Financial details of the deal, which is still subject to certain conditions, were not disclosed, although Simona’s board said it expects the purchase to be completed during the course of this month.

With a workforce of 90 people and annual sales of about USD 30m, Boltaron manufactures components for the aircraft and mass-transit vehicle interior sectors as well as for construction, chemical and semi-conductor applications. The company is to become part of the newly founded Simona America Group, which also oversees the activities of the former Laminations. Headed by Lawrence Schorr, the German company’s North American business posts annual sales of about USD 90m, with a total workforce of more than 250.

Commenting on the purchase, Simona CEO Wolfgang Moyses said, “The three companies within the new Simona America Group command a significant share of their respective target markets. Collectively, we are able to cover the entire market for engineering plastics, from high-volume commodity grades to high-performance products used in areas such as the aerospace industry.”