Kymera acquires CASL Surface Technologies Corp

November 8, 2022

Kymera acquires CASL Surface Technologies, a manufacturer of wear-resistant metallic and ceramic alloy coatings for a number of applications (Courtesy CASL Surface Technologies Corp)
CASL is a manufacturer of wear-resistant metallic and ceramic alloy coatings for a number of applications (Courtesy CASL Surface Technologies Corp)

Kymera International, a speciality materials company headquartered in Research Triangle Park, North Carolina, USA, has acquired CASL Surface Technologies Corp (CASL), headquartered in Alberta, Canada, a manufacturer of wear-resistant metallic and ceramic alloy coatings.

CASL develops and commercialises metallic coating process, alloy and capital equipment intellectual property purposed towards mitigating the impact of extreme wear on mission-critical industrial components. The company has two manufacturing facilities in Alberta and a production site in Houston, Texas. The acquisition is expected to enhance Kymera’s coatings and surface technologies product offerings.

“CASL’s leadership team has built a tremendous company of talented people with industry-leading knowledge in thermal spray applications. This acquisition will allow us to accelerate our coatings initiatives both organically and through M&A,” stated Barton White, CEO of Kymera. “Combining the unique wear-resistant speciality materials Kymera has organically developed in-house, with the innovative alloys and application expertise of CASL, will give our customers end-to-end performance and value.”

Scott McLaughlan, president & CEO of CASL, commented, “CASL is thrilled to join the Kymera family where we expect the combination of our highly successful materials science-oriented teams, coupled with Kymera’s new product development focus and its global reach, will unlock the potential in CASL IP and generate extraordinary results.”

Adam Shebitz, a partner at Palladium, added, “The acquisition of CASL, Kymera’s sixth under Palladium’s ownership, is aligned with the company’s value creation plan to become a leading speciality materials manufacturer and solutions provider. CASL’s offering compliments the investments Kymera has made in its organic new product development capabilities, and unlocks exciting new growth opportunities.”

The terms of the transaction were not disclosed. www.kymerainternational.com

www.caslsurftech.com

CASL is a manufacturer of wear-resistant metallic and ceramic alloy coatings for a number of applications (Courtesy CASL Surface Technologies Corp)

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

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

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

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

Join our community

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