#USA #North Carolina #Coating Center #Kymera International #Castrop GmbH

Kymera International Expands Its Footprint in Europe

Kymera International, a leading company in technical materials and surface coating technologies, has recently announced the acquisition of Coating Center Castrop GmbH (CCC). This strategic move aims to significantly enhance Kymera's capabilities in the thermal spray market and broaden its reach across Europe.

The acquisition, based in Castrop-Rauxel, Germany, is pivotal for Kymera as it allows the company to provide advanced thermal spraying solutions to European clients. The services offered by CCC include thermal spray applications and precision machining, catering primarily to industries such as aerospace, marine engine manufacturing, pharmaceuticals, and broader industrial markets. By integrating CCC into its operations, Kymera expects to reduce the wear and tear on critical components used in demanding environments.

As per the company’s announcement, this merger not only strengthens Kymera’s technological prowess but also expands its global footprint which already includes the United States and Canada. The incorporation of CCC will allow Kymera to leverage advanced engineering and manufacturing capabilities, providing regional support for key customers in the aerospace industry, especially concerning aircraft undercarriage services.

Barton White, CEO of Kymera International, emphasized the importance of this acquisition in enhancing their commitment to supplying robust and customized thermal spray solutions globally. He stated, “This acquisition empowers us to provide high-quality service and support more effectively on a global scale, while also supporting strategic growth initiatives within the aerospace sector through our HaloJet ID HVOF™ technology.”

Moreover, Adam Shebitz, a partner and director at Palladium Equity Partners, noted that the strategic positioning of CCC in Germany will act as a catalyst for future growth in the European aerospace sector. The integration is poised to accelerate Kymera's expansion efforts in this market, thus opening doors for progressive innovations in thermal spray technology.

The team at CCC expressed enthusiasm regarding this partnership, indicating that Kymera’s innovations will complement their goals and enhance the range of processes and services available to their clients. The terms of the transaction have not been disclosed, but both parties anticipate significant operational synergies and improvements.

Kymera International has a storied history of strategic acquisitions dating back to the early 19th century. Today, it stands as a formidable player in the development and manufacturing of advanced technical materials and high-performance coatings, servicing diverse markets that include aerospace, defense, medical, electronics, chemicals, specialized automotive, additive manufacturing, and multiple other industrial applications.

With production facilities spread across the USA, Canada, Australia, Europe, the UK, Asia, and Brazil, Kymera is positioned as a global leader in its field. For more information, visit Kymera International.

About Coating Center Castrop GmbH

Founded in 1999, CCC is recognized for providing robust wear and corrosion-resistant surface coating solutions across various sectors. Operating out of Castrop-Rauxel, Germany, CCC’s portfolio includes HVOF (High Velocity Oxy-Fuel), plasma, flame wire, and powder thermal spray coatings along with engineering designs, CNC manufacturing, and machining services. For further details, visit Coating Center.

About Palladium Equity Partners, LLC

Palladium is a mid-market private equity firm managing over $3 billion in assets. Engaged in acquiring and developing businesses, Palladium collaborates with founders and experienced management teams to provide capital, strategic leadership, and operational oversight. Since its inception in 1997, Palladium has invested in over 220 companies, nurturing growth and innovation in various industries. For additional information, visit Palladium Equity.