Kymera International completes acquisition of Coating Center Castrop GmbH to expand Surface Technologies footprint in Europe
Dec 02, 2024•about 1 year ago
Acquiring Company
Kymera International
Acquired Company
Coating Center Castrop GmbH
Description
Kymera International, a global leading specialty materials and surface technologies company, has successfully acquired Coating Center Castrop GmbH (CCC). This strategic acquisition strengthens Kymera's position in the thermal spray services market, expanding its technological capabilities and global footprint to include the U.S., Canada, and Germany. The addition of CCC brings advanced component engineering, fabrication, and CNC machining capabilities to Kymera's Surface Technologies business, enabling localized aerospace landing gear service to key customers in the region.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed