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Kymera International Expands Through Acquisition of Coating Center Castrop GmbH

Kymera International, a prominent player in specialty materials and surface technologies, has made a significant move by acquiring Coating Center Castrop GmbH (CCC). This strategic acquisition marks a notable advancement in Kymera's growth trajectory within the thermal spray services market, particularly in Europe. The acquisition, announced on December 2, 2024, is set to enhance Kymera's capabilities in providing advanced thermal spray solutions to a diverse range of industries, including aerospace, marine propulsion, and pharmaceuticals.

Strengthening Market Presence

Located in Castrop-Rauxel, Germany, CCC has established itself as a comprehensive thermal spray and precision machining company, offering design, fabrication, and finishing solutions. This acquisition not only strengthens Kymera's operational footprint in Europe but also elevates its technological capabilities by incorporating CCC’s advanced engineering and component fabrication prowess.

Barton White, CEO of Kymera International, shared his enthusiasm about the acquisition, stating, "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." He emphasized that the integration of CCC will bolster their regional services on a global scale and support their ongoing growth strategies, especially within the aerospace sector.

Unlocking Future Growth

The addition of CCC allows Kymera to offer localized aerospace landing gear service to key clients, achieving a new level of operational efficiency. Adam Shebitz, Partner at Palladium Equity Partners, highlighted the importance of CCC’s German location, foreseeing it as a catalyst for future growth within the European aerospace market.

CCC is renowned for its advanced coating technologies, including HVOF (High Velocity Oxygen Fuel), known for its ability to create wear and corrosion-resistant surfaces for various applications. Founded in 1999, the company has positioned itself as a reliable partner in several industries that demand high-quality surface solutions. The acquisition assures that existing CCC clients will benefit from Kymera’s extensive resources and innovative technologies, enhancing their service options and coating processes.

A Broader Service Offering

"The acquisition of CCC helps to accelerate the trajectory of Kymera's Surface Technologies business," notes Shebitz. The collaboration between Kymera and CCC promises to unlock an array of new coating processes and services that align with client needs. The current CCC team expressed optimism about the partnership, stating, "We are happy to have found a partner in Kymera who will continue on our path and complement it with further innovative spray technologies."

As part of its expansion strategy, Kymera is well-positioned to leverage its global footprint across the U.S., Canada, and now Germany, ensuring that its high-performance products can meet the evolving demands of industries worldwide.

Conclusion

In conclusion, Kymera International's acquisition of Coating Center Castrop GmbH is poised to have a positive impact on its Surface Technologies division. By embracing the expertise of CCC, Kymera is not only enhancing its service offerings but also ensuring that it remains a competitive player in the global thermal spray services landscape. This acquisition reflects Kymera’s commitment to innovation and customer satisfaction, setting the stage for continued growth and the ability to meet increasingly complex customer requirements across various industries. For more details on Kymera International and its latest offerings, visit Kymera International.