Arcam closes strategic acquisition of titanium powder manufacturer AP&C

February 12, 2014

Arcam AB, Mölndal, Sweden, has finalised the acquisition of the AP&C division from Raymor Industries for a total of $35 million Canadian dollars.

The total purchase price amounts to CAD $35 million where a cash payment amounting to CAD $20 million is paid on closing and the remaining part as two instalments to be made in 2015 and 2016 subject to certain targets being met.

The AP&C division generated CAD $6.5 million of revenue during 2013 with an EBITDA result of about CAD $1.5 million. The acquired business, with currently 31 employees, will become a subsidiary of Arcam and continue operating with the existing management team. The acquisition is expected to have a positive effect on Arcam’s earnings per share in 2014.

AP&C uses proprietary plasma atomisation technology to produce metal powders. Titanium alloy powder is today the largest product. A significant part of AP&C sales is to the 3D printing industry. Other markets include Metal Injection Moulding (MIM) and powders for spray coatings as well as powders for HIPed components. Arcam and the team at AP&C intend to continue to expand the powder business and advance the plasma atomisation technology.

“AP&C’s technology and market position for high-end metal powder is perfectly complementary to Arcam’s EBM system business and strengthens Arcam’s position in the Additive Manufacturing market,” stated Magnus René, CEO of Arcam.

Arcam provides a cost-efficient Additive Manufacturing solutions for the production of metal components. The company states that its technology offers freedom in design combined with excellent material properties and high productivity. Arcam’s market is global with customers primarily in the orthopedic and aerospace industries. The company was founded in 1997 and is listed on NASDAQ OMX Stockholm, Sweden. Head office and production facilities are located in Mölndal, Sweden, with support offices are located in the US, UK, Italy and China.   

Powder Metallurgy Review magazine cover

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link