#Canada #Montreal #Aerospace Industry #DCM Group #Metcor

DCM Group Acquires Metcor to Boost Aerospace Manufacturing

On June 4, 2025, DCM Group Inc., a valued entity in the portfolio of Thrust Capital Partners, proudly announced its latest acquisition of Metcor Inc., a specialist company located in Quebec. With a remarkable 75-year history in the metal heat treatment industry, Metcor has become a pivotal player, enhancing the physical properties of materials which are crucial for their performance in various industrial applications.

The Strength of Metcor

Metcor's extensive suite of services is tailored towards improving essential attributes such as hardness, wear and corrosion resistance, as well as machinability. This expertise not only bolsters its reputation but also offers diverse solutions to a wide-ranging client base across multiple sectors. The adept team at Metcor masters every phase of the manufacturing process—from initial raw materials to sophisticated machined components—which positions them as leaders in their field.

DCM Group's acquisition of Metcor aligns with its ongoing strategy for vertical integration, firmly establishing its position within the aerospace market. Jean-Charles Raillat, CEO of DCM, emphasized the strategic implications of this acquisition, noting, "With this transaction, DCM continues to diversify its service offering and advances its vision of becoming one of the leading integrated manufacturers serving the Canadian aerospace industry."

By incorporating Metcor into the DCM Group, the company now provides both heat treatment and post-processing services, complementing their existing advanced manufacturing capabilities. Raillat extended gratitude to the previous owners, Mr. Yves Lachambre and Mr. John Spencer, for the trust placed in DCM to carry on their legacy of quality service and expertise within the Quebec industrial landscape.

Committed to Canadian Excellence

This transition not only marks a significant milestone for DCM and Metcor but also reinforces Canadian manufacturing prowess, with DCM continuing to maintain the integrity of local expertise. The acquisition is viewed as a pivotal moment in the growth trajectory of DCM, especially within the aerospace domain. Milad Jawabra, a partner at Thrust Capital Partners, stated, "This acquisition marks a new step in DCM's growth plan. Thrust Capital Partners is proud to play a central role in transforming a Quebec SME into a global aerospace leader."

Thrust Capital Partners, recognized as the first private investment fund dedicated to enhancing the Canadian aerospace supply chain, backs the strategic direction behind the acquisition. Together with partners like Investissement Québec and Desjardins Capital, they remain staunch supporters of DCM's ambitions to elevate local companies to international significance.

The Advisors Behind the Deal

In navigating this acquisition, DCM received comprehensive advisory support from noted firms including Norton Rose Fulbright Canada LLP for legal guidance, alongside Ernst & Young LLP for tax and financial matters. On the other hand, Metcor Inc. was guided by Raymond Chabot Grant Thornton LLP for related financial advisory services and Bennett Jones LLP for legal counsel, ensuring a smooth transition during this strategic endeavor.

About DCM Group and Metcor

DCM Group has positioned itself as a leading provider in Canada, specializing in the manufacturing of aircraft structural components, maintenance, welding services, and ground support equipment. The company operates multiple facilities aimed at delivering top-notch service and innovation in aerospace manufacturing.

Metcor, on the other hand, holds a prestigious status in North America as a prominent metal heat treatment specialist, featuring over 54,000 square feet of dedicated production space that underpins its operational capabilities.

In closing, the acquisition of Metcor by DCM Group is not just a business transaction; it represents a visionary step towards a unified Canadian aerospace supply chain, enhancing both local and national capabilities within the industry.