#USA #Research Triangle Park #Coating Center #Kymera International #Castrop GmbH

Kymera International's Strategic Acquisition

Kymera International, a leading global player in specialized materials and surface treatment technologies, has announced its acquisition of Coating Center Castrop GmbH (CCC). This acquisition, effective from December 3, 2024, marks a significant expansion of Kymera's operations in Europe, particularly in the thermal spray sector.

Based in Castrop-Rauxel, Germany, CCC is known for its expertise in thermal spraying and precision machining, offering comprehensive solutions that encompass everything from design and production to final machining for sectors such as aviation, marine propulsion, and pharmaceuticals. The integration of CCC into Kymera's Surface Technologies division will enhance the company's engineering capabilities and bring advanced thermal spray solutions to its European clientele.

Enhancing Service Offerings

With this strategic acquisition, Kymera significantly strengthens its position in the thermal spray service market. The incorporation of CCC not only elevates Kymera’s technological capabilities but also expands its global footprint to include key markets in the United States, Canada, and now Germany. The merger will allow for the introduction of the HaloJet ID HVOF™ service center, a crucial asset for servicing aircraft landing gears for prominent clients across Europe.

Barton White, the CEO of Kymera International, emphasized that the acquisition will solidify the company’s capacity to deliver highly effective and tailored thermal spray solutions backed by superior service and support. This aligns with Kymera’s strategic growth initiatives in the aviation sector, focusing on local service delivery on a global scale.

Growth Opportunities

Adam Shebitz from Palladium Equity Partners, Kymera’s investment partner, expressed excitement about the acquisition, stating that CCC's strategically located German operations will open new avenues for growth within the European aviation market. The transaction is expected to accelerate the development of Kymera’s Surface Technologies division and facilitate the rollout of its HaloJet technology in Europe.

The team at Coating Center Castrop GmbH also shared their optimism, noting that they have found a partner that will continue to drive innovation in their thermal spray technologies. This partnership stands to enhance the services they can offer their customers, providing a broader range of processes and solutions in surface treatments.

Kymera International: A Brief Overview

Kymera International has a storied history that dates back to the 19th century, making it a pioneer in developing and manufacturing advanced specialty materials and high-performance coating technologies. The company’s extensive product range caters to a myriad of end markets, including aerospace, defense, healthcare, electronics, and specialized automotive applications. With manufacturing facilities located across North America, Europe, Australia, the UK, Asia, and Brazil, Kymera is well-positioned to meet the demands of its diverse customer base.

About Coating Center Castrop GmbH

Founded in 1999, CCC specializes in providing durable surface treatment solutions resistant to wear and corrosion across various industries. In addition to its engineering, manufacturing, and machining solutions, CCC offers HVOF coatings, plasma sprays, flame wire, and powder coatings. With their expertise, CCC aims to enhance the performance and longevity of industrial components, aligning perfectly with Kymera's goals of delivering high-quality, sophisticated solutions.

Conclusion

The successful integration of Coating Center Castrop GmbH into Kymera International is poised to reshape the thermal spray landscape in Europe, providing advanced solutions to meet the increasing demand across multiple sectors. As both companies collaborate to maximize their combined strengths, the future looks promising for innovation and service enhancements in surface technologies.