Lapp Insulators Acquires Argillon Insulators, Argillon Alumina
Lapp Insulators, LLC (LeRoy, New York, U.S.), through its German subsidiary Lapp Insulator GmbH & Co. KG, has acquired Argillon Insulators GmbH and Argillon Alumina GmbH (Redwitz, Germany). The acquisition brings to Lapp three additional European manufacturing locations, one in Redwitz, another in Jedlina Zdroj, Poland, and a third in Turda, Romania.
The acquisition strengthens Lapp's global OEM business and positions the company as one of the technology leaders in Europe. It also brings Lapp's worldwide sales to more than US$200 million and its head count to more than 1500 employees.
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