#USA #Research Triangle Park #Coating Center #Kymera International #Thermal Spray

Kymera International's Strategic Expansion in Europe

Kymera International, a leading name in special materials and surface technologies, has recently made waves in the industrial sector with its successful acquisition of Coating Center Castrop GmbH (CCC), a reputable enterprise specialized in thermal spraying and precision machining. This acquisition, announced on December 2, 2024, marks a significant milestone in Kymera's aim to amplify its presence and capabilities in the European market.

Overview of the Acquisition

Located in Castrop-Rauxel, Germany, CCC has established itself as an integral player in the field by offering comprehensive solutions that encompass design, manufacturing, and finishing machining services. These solutions cater to a diverse range of sectors including aerospace, marine propulsion, pharmaceuticals, and general industrial applications. With over two decades of experience, CCC is known for its advanced thermal spray applications that combat extreme wear on high-value components, making them a natural fit for Kymera’s strategic goals.

The acquisition is expected to bolster Kymera’s position in the thermal spray service market and enhance its technological capacities. Kymera now not only extends its footprint in Europe but also strengthens its operations in the United States and Canada. This newly formed synergy is anticipated to yield substantial benefits for both entities by expanding their technological capabilities and creating a larger global presence.

Enhancing Customer Solutions

Barton White, the CEO of Kymera International, emphasized the significance of this acquisition, noting that the Thermal Technologies sector is characterized by its ability to provide high-performance, tailored thermal spray solutions, coupled with exemplary service and support. The integration of CCC into Kymera's Surface Technologies division will enhance regional service capabilities and further propel the company’s strategic growth initiatives, particularly in the aerospace sector with innovative technologies such as the HaloJet ID HVOF™.

Adam Shebitz, a partner at Palladium Equity Partners, which has been instrumental in supporting Kymera’s growth, also shared insights into the deal. He pointed out that CCC’s strategic location in Germany is expected to drive future growth within Europe’s aerospace sector, thereby facilitating the expansion of Kymera’s HaloJet technology use.

The CCC team expressed enthusiasm about the partnership, acknowledging Kymera as a complementary force with the potential to introduce innovative thermal spray technologies. This collaboration promises to enrich their collective offerings, ultimately delivering a broader array of coating processes and services to their customers.

About Kymera International

With roots tracing back to the 1800s, Kymera International has evolved into a front-runner in the production of advanced specialty materials and high-performance surface coatings. The company has made significant strides through acquisitions and is now equipped with manufacturing facilities across the United States, Canada, Australia, Europe, the U.K., Asia, and Brazil. Its products serve a wide range of end markets, including aerospace, defense, electronics, automotive, and additive manufacturing, showcasing Kymera's versatility and commitment to advanced engineering solutions.

About Coating Center Castrop GmbH

Founded in 1999, CCC has gained recognition for its expertise in providing wear and corrosion-resistant surface solutions across various industries. With operations centered in Germany, CCC offers processes such as HVOF, plasma, wire arc, and powder spraying. The integration of its engineering, design, and CNC machining capabilities into Kymera will not only boost their product offerings but also enhance overall customer satisfaction.

With this strategic acquisition, Kymera International is well-positioned to meet the ever-growing demand for advanced thermal spray services in Europe and beyond, paving the way for future innovations and customer-centric solutions in the industry.