Kymera International (“Kymera”), Durham, N.C., a global leading specialty materials and surface technologies company, announced the successful acquisition of Coating Center Castrop GmbH (“CCC”), a comprehensive thermal spray and precision machining company providing complete design, fabrication and finish machining solutions for the aerospace, marine propulsion, pharmaceutical and general industrial markets. Located in Castrop-Rauxel, Germany, CCC provides its European customers with advanced engineering and thermal spray service applications that mitigate the impact of extreme wear on high-value components.
This strategic acquisition strengthens Kymera’s position in the thermal spray services market, bringing significant benefit to both companies through the expansion of technological capabilities and a broadened global footprint that now includes the U.S., Canada and Germany. The addition of CCC brings advanced component engineering, fabrication and CNC machining capabilities to Kymera’s Surface Technologies business and a European HaloJet ID HVOF™ service center, enabling localized aerospace landing gear service to key customers in the region.
“Kymera’s Surface Technologies business is differentiated by our ability to provide high-performing, comprehensive and customized thermal spray solutions with superior service and support,” says Barton White, CEO of Kymera International. “The acquisition of CCC further solidifies our ability to provide regional service on a global scale and support our strategic growth initiatives in the aerospace industry with our HaloJet ID HVOF technology.”
“The acquisition of CCC helps to accelerate the trajectory of Kymera’s Surface Technologies business,” adds Adam Shebitz, partner and head of industrials at Palladium Equity Partners. “We expect its ideally located German footprint will unlock future growth within the European aerospace sector, enabling the expansion of Kymera’s HaloJet technology.”
“We are happy to have found a partner in Kymera who will continue on our path and complement it with further innovative spray technologies,” comments the CCC team. “This will enable us to offer our customers an even broader range of coating processes and services.”
For more information:
Coating Center Castrop GmbH
www.coating-center.de
Kymera International
www.kymerainternational.com
Palladium Equity Partners, LLC
https://www.palladiumequity.com
