Kymera International acquires German thermal spray specialist Coating Center Castrop
December 10, 2024
Kymera International, a specialty materials company based in Raleigh, North Carolina, USA, has acquired Coating Center Castrop GmbH (CCC), a thermal spray and precision machining specialist. CCC provides comprehensive design, fabrication and finish machining solutions for the aerospace, marine propulsion, pharmaceutical and general industrial markets. Located in Castrop-Rauxel, Germany, CCC offers its European customers advanced engineering and thermal spray services that protect high-value components from extreme wear.
This strategic acquisition is reported to strengthen Kymera’s position in the thermal spray services market, bringing significant benefits to both companies through the expansion of technological capabilities and a broadened global footprint that now includes the US, Canada and Germany. The addition of CCC brings advanced component engineering, fabrication and CNC machining capabilities to Kymera’s Surface Technologies business and a European HaloJet ID HVOF service centre, enabling localised aerospace landing gear service to key customers in the region.
“Kymera’s Surface Technologies business is differentiated by our ability to provide high-performing, comprehensive and customised thermal spray solutions with superior service and support,” said Barton White, CEO of Kymera International. “The acquisition of CCC further solidifies our ability to provide regional service on a global scale and support our strategic growth initiatives in the aerospace industry with our HaloJet ID HVOF™ technology.”
“The acquisition of CCC helps to accelerate the trajectory of Kymera’s Surface Technologies business,” added Adam Shebitz, Partner and Head of Industrials at Palladium Equity Partners. “We expect its ideally located German footprint will unlock future growth within the European aerospace sector, enabling the expansion of Kymera’s HaloJet technology.”
“We are happy to have found a partner in Kymera who will continue on our path and complement it with further innovative spray technologies,” commented the CCC team. “This will enable us to offer our customers an even broader range of coating processes and services.”
www.kymerainternational.com
www.coating-center.de
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