GA Trade Nov-Dec interactive - page 4

MERGERS&ACQUISITIONS
Germany's Lehmann
&Voss Buys U.S.-Based
Performance Compounding
German compounding firm Lehmann
&Voss & Co. KG has acquired
Performance Compounding LLC for
an undisclosed price. Performance is
based in Pawcatuck, Conn., where
Hamburg-based L&V has its U.S.
office. Performancemakes com-
pounds based on engineering resins
and fluoropolymers for both custom
and contract markets.
Henkel CEO TurnsM&A
Chest toAdhesiveswith
U.S. Bergquist Deal
Henkel AG, the maker of Loctite
glue and Persil detergent, agreed
to buy Bergquist Co. as Chief
Executive Officer Kasper Rorsted
turns his takeover funds to adhe-
sives after spending 1.2 billion
euros ($1.5 billion) on household
and personal-care brands this year.
Buying the Chanhassen, Minnesota-
based company adds Bergquist’s
range of adhesives andmaterials for
managing heat in electronics,
generating 130million euros in
sales a year, Düsseldorf, Germany-
based Henkel said in a statement.
Financial terms of the purchase
were not disclosed.
SAPBuys Expenses Software
Maker Concur for $7.3Billion
Germany's SAP has agreed to
buy U.S. expenses softwaremaker
Concur for $7.3 billion in cash,
strengthening its position in cloud
computing but sending its shares
down almost 3 percent on concerns
over the price. SAP has been slow to
embrace cloud computing, which
allows businesses to cut costs by
ditching bulky servers for network-
based systems, but the Concur deal
accelerates its growth in the cloud
while protecting its position in travel
and expenses management.
MerckKGaA toBuy Sigma-
Aldrich toAddChemicals
Merck KGaA agreed to buy Sigma-
Aldrich Corp. for $17 billion in cash
to expand in chemicals used in
research laboratories andmedicines.
The German drug and chemical
companywill pay $140 a share,
37 percentmore than Sigma-Aldrich’s
T R A N S A T L A N T I C T I C K E R
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GermanAmerican TradeNov/Dec 2014
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