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5/30/2008 ::: Deloro Stellite Acquires Plasmatec Inc.

Deloro Stellite Group, world leader in wear solutions, announced today that its Canadian division, Deloro Stellite Inc., has purchased Plasmatec Inc, a Montreal based company specializing in thermal spray coatings, abradable powder manufacturing and the distribution of thermal spray materials and equipment.

Plasmatec has been in existence since 1985 and has a solid reputation in the thermal spray industry. Plasmatec’s commercial focus on the land based power generation, aerospace, mining, oil and gas sectors provides the opportunity for future market synergies with the existing businesses of Deloro Stellite.
  Additionally, the acquisition of Plasmatec will add operational strength to our existing facility in Montreal (Deloro Stellite Surface Technologies, Baie d’Urfe), which offers a unique integrated processing solution to landing gear manufacturers. The combined strength and synergies of these two companies will give Deloro Stellite a leading position in the Montreal area with four spray cells (HVOF, Plasma, G4HVAF), grinding and super finishing capabilities, strong R&D capabilities and a laboratory certified by NADCAP, Goodrich, Messier-Dowty, Pratt & Whitney and SAFRAN).

The Plasmatec acquisition is part of Deloro Stellite’s strategy to grow its coating services business globally. 
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