SCHLENK company has acquired the industrial company "API Americas"
April 27, 2020
Roth-Barnsdorf/Lawrence, KS, USA - The SCHLENK company has acquired the industrial company "API Americas" in Lawrence, Kansas, USA. The new location of the Roth family business will produce vacuum metallized foils for use at SCHLENK’s German production facilities in Roth and Barnsdorf.
"With this acquisition we are taking a long planned, strategically important step of ensuring high quality pre-products for our future products manufactured in the Roth and Barnsdorf plants", explains CEO Joachim von Schlenk about the decision.
API Americas was the US subsidiary of the API Group, a leading manufacturer of films and laminates, and a supplier of important pre-products for the manufacture of SCHLENK’s metallic pigments in Roth and Barnsdorf. "By taking this step, we are now and for the time after Coronacrisis, positioning ourselves in a high-quality position, to ensure innovation and help guarantee the supply of an important pre-product now under our own management".
The company continues to be operated by SCHLENK with 17 employees in Lawrence, Kansas, and becomes part of the corporate group.
SCHLENK produces highly specialized chemical products for industrial processing. With a team of approx. 1000 employees worldwide, a global sales network as well as subsidiaries and production facilities in Germany and abroad, SCHLENK has been able to build up a reputable, international customer base. The company has been family-owned since its foundation in 1879 and is located in Roth-Barnsdorf.