Surteco, via its subsidiary Surteco North America, USA, acquired the “Laminates and performance films and coated fabrics” business from Synthomer plc´s subsidiary, Omnova Solutions Inc., USA. The business units specialize in the production and sale of laminates, foils and vinyl-coated fabrics and employ a total of around 880 people at locations in the USA and Thailand.
“With this acquisition, we have taken an important step towards our strategic goal of focused internationalization. In addition, we are further diversifying our products and markets and expanding in the important regions of North America and Asia. We offer our customers a globally unique range in the field of surface,” according to Wolfgang Moyses, CEO of SURTECO GROUP SE.