WESTLAKE, Ohio, December 20, 2021 (GLOBE NEWSWIRE) – GEON® Performance Solutions, a global leader in the formulation, development and manufacture of performance polymer solutions, has acquired Roscom, Inc., an ISO9001: 2015 certified PVC facility blend located in Croydon, PA.
“Roscom, a 35-year-old company respected for innovation and automation in the flexible PVC market, is a perfect fit for us. This addition represents a key step in our strategy. The Croydon facility and permanent team will allow us to better serve our customers in the Northeastern United States and parts of Canada. We intend to maximize the incredible expertise of the Roscom team and look forward to bringing its additional product portfolio to our customers, ”said Tracy Garrison, CEO of GEON.
“This strategic alignment with GEON helps ensure a strong future for our customers and members of the Roscom family. The combination of our customer service, operational agility and responsiveness with GEON’s considerable resources will result in a company that will epitomize the future of the PVC compounding industry, ”said Nick Lynch, President and Chief Operating Officer of Roscom.
Mr. Lynch will remain with the company throughout the transition as an advisor to Mr. Garrison. Both companies’ sales and manufacturing operations will continue as usual during the transition.
About GEON Performance Solutions
GEON Performance Solutions is a world leader in the formulation, development and manufacture of high performance polymer solutions. With a portfolio of highly adaptable vinyl and polyolefin polymer technologies as well as a full-service manufacturing business, GEON combines three powerful traditions into one customer-centric business. GEON Performance Solutions is a leading innovator in developing performance material solutions for a wide range of markets including home appliances, building and construction, electronics, healthcare, transportation, wire and cable, etc. GEON Performance Solutions has 1,000 associates worldwide and 10 world-class manufacturing plants headquartered in the western suburbs of Cleveland, Ohio. Please visit us at www.geon.com to learn more. GEON Performance Solutions is a holding company of SK Capital Partners.
About SK Capital Partners
SK Capital is a private investment firm specializing in the specialty materials, chemicals and pharmaceuticals industries. The company seeks to build strong, growing businesses that create substantial long-term value. SK Capital aims to use its industry, operations and investment experience to identify opportunities to transform businesses into better performing organizations with strategic positioning, improved growth and profitability as well as lower operational risk. . SK Capital’s business portfolio generates approximately $ 13 billion annually, employs more than 18,000 people worldwide and operates 170 factories in 32 countries. For more information visit www.skcapitalpartners.com.
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