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Sunday, 15 September 2019
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Markets & companies

Novamelt strengthens position in the Americas

Tuesday, 10 January 2012

Novamelt GmbH has acquired the remaining 49 % share of Novamelt-Jowat LLC from Jowat Corporation and Jowat AG.

Novamelt Americas LLC will expand its geographic support role to include all customers in North, Central, and South America.

Source: Tanja Bagusat-Fotolia.com
Novamelt Americas LLC will expand its geographic support role to include all customers in North, Central, and South America. Source: Tanja Bagusat...

Novamelt GmbH has acquired the remaining 49 % share of Novamelt-Jowat LLC from Jowat Corporation and Jowat AG. The wholly-owned subsidiary will now be known as Novamelt Americas LLC. The company will expand its geographic support role to include all customers in North, Central, and South America. The adhesives manufacturer expanded to North America in 2005 in order to support its global customer base with local manufacturing and R&D, and to establish a direct investment presence in the US Dollar-denominated economy. "It was time in the growth phase of the subsidiary to expand its role to include all of Latin America from its manufacturing and applications lab site in North Carolina" says Novamelt CEO Harold Braun. "Novamelt will continue to place high importance and emphasis on its role and growth in the Americas."

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