Von Roll Acquires John C. Dolph Company
Von Roll and John C. Dolph Company (Dolph) are pleased to announce the acquisition of Dolph by Von Roll USA, Inc. In an agreement signed Wednesday, July 11, 2007, Von Roll USA, Inc. acquired 100% of the shares of the Monmouth Junction, NJ, based company.
The acquisition will strengthen the marketing, technical and manufacturing capabilities of both companies. Von Roll CEO Walter T. Vogel stated, “Dolph is an outstanding company with a proud history of customer service and quality products. We at Von Roll are fortunate to be able to welcome Dolph’s employees and products to our Group.”
In 2006 Dolph realized sales of US$ 13 million globally with resins and varnishes for the electrical insulation industry. Dolph is one of the leading companies in that market sector and is located in New Jersey, USA. In addition, the company has long-term license agreements in Mexico and Italy through which an additional US$ 14 million of Dolph products were sold in 2006.
Sales and marketing efforts of the two companies will be united as quickly as possible to provide our customers with a broader range of products and services. The acquisition will significantly amend and expand Von Roll’s product portfolio of insulating resins and varnishes and will further increase its market position in the American, Asian and European sales regions. This expansion is in line with Von Roll’s strategy to grow substantially in the area of low voltage insulation.
The two companies will continue to review manufacturing capabilities to determine how to best utilize the combined production capacity. Both Von Roll and Dolph have a proud tradition of products and services to the industry, which will be further enhanced by this acquisition.
John D. Mayes, President of Dolph stated, “The acquisition by Von Roll marks a major step in the history of our company. It will expand the reach of Dolph products, will combine outstanding technical knowledge, and allow even better service to our customers. It is a great fit, with a great partner.”
The operational activities of Von Roll, a company listed on the SWX Swiss Exchange (ROL.SW), are focused on the global supply of solutions in the fields of electro insulation to increase the energy efficiency of electricity generators and electro motors and fibre-reinforced composites. Von Roll has operations in over 30 locations around the world.