Continuous growth for Impreglon
Plant No. 20 in Baltimore, USA
What CEO Henning J. Claassen already indicated at the shareholder meeting on June 27, 2011 is now official: Effective July 1, 2011 Impreglon acquired 'Applied Coating Systems, Inc.' ('ACS') of Baltimore, Maryland. The third coating plant on the East coast of the United States closes the gap between the existing sites in Atlanta and Boston. In addition 'ACS' offers new coating processes to the group as well as new customers in the larger Washington area and the surrounding states of New Jersey, Pennsylvania and Virginia.
This represents the third acquisition for the group this year. The parties agreed not to disclose the purchase price.
With 21 locations in 10 countries Impreglon is one of the leading companies in the field of surface technology worldwide. For 2011 the Impreglon Group expects to increase sales by more than 30%, exceeding 70 million Euro.