Kymera strengthens its presence in Europe with the acquisition of the Coating Center CCC

Kymera strengthens its presence in Europe with the acquisition of the Coating Center CCC

Kymera International, a global leader in specialty materials and surface technologies, has announced the acquisition of Coating Center Castrop GmbH (CCC). This Castrop-Rauxel-based company is a major player in thermal spraying and offers comprehensive solutions for various industries, including aerospace and pharmaceutical. According to the information from OTS This strategic acquisition aims to expand Kymera's European operations and facilitate access to advanced technologies for its customers.

The integration of CCC will not only strengthen Kymera's technological capabilities in thermal spray services, but also further expand the company's global presence. Kymera will now also have a HaloJet ID HVOF™ service center in Europe to meet specific needs in the aviation industry. “The acquisition process solidifies our ability to provide regional service on a global scale,” said Barton White, CEO of Kymera International. This underlines the company's position as a reliable partner with extensive know-how in surface technology, supported by innovative solutions from around the world, as stated on the official website Kymera International described.

Strategic growth in the aviation industry

The acquisition was seen as crucial for Kymera's future development in the European region. Adam Shebitz of Palladium Equity Partners highlighted the growth potential that the strategically located German office could unlock in the European aviation sector. By partnering with Kymera, CCC will be able to further expand its service offering through innovative spraying technologies, which should increase both companies' competitiveness in the industry. However, the financial terms of the transaction have not been disclosed.