SaarGummi gains U.S. foothold through Thona acquisition

ANN ARBOR, Mich. (Aug. 1)—SaarGummi, a Wadern-Bueschfeld, Germany-based manufacturer of automotive sealing systems and construction products, has acquired body sealing producer Thona Corp., gaining seven North American plants and a technical center in the deal. The pact includes all six Thona factories in Quebec, an engineering and testing center in Michigan and a new facility under construction in Tennessee, which was formerly a joint project between the two companies. SaarGummi will maintain Thona´s Michigan office as the headquarters of its North American group, SaarGummi Quebec and SaarGummi Tennessee. With its newly gained North American presence, the $250 million supplier now has operations on four continents.