M&A Deal Summary

Plasma Processes Acquires Metaltech Machine & Tool

On May 29, 2024, Plasma Processes acquired metals/mining company Metaltech Machine & Tool

Acquisition Highlights
  • This is Plasma Processes’ 1st transaction in the Metals/Mining sector.
  • This is Plasma Processes’ 1st transaction in the United States.
  • This is Plasma Processes’ 1st transaction in Alabama.

M&A Deal Summary

Date 2024-05-29
Target Metaltech Machine & Tool
Sector Metals/Mining
Buyer(s) Plasma Processes
Deal Type Add-on Acquisition

Target

Metaltech Machine & Tool

Scottsboro, Alabama, United States
Metaltech Machine & Tool is a wire EDM-focused machine shop that supports its customers’ metal finishing needs. Metaltech Machine & Tool is based in Scottsboro, Alabama.

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Buyer(S) 1

Buyer

Plasma Processes

Huntsville, Alabama, United States

Category Company
Founded 1993
Sector Business Services
DESCRIPTION

Plasma Processes in an outsourced R&D organization solving materials problems for harsh NASA and government agency applications. Over nearly 30 years, the Company has expanded its capabilities and today is a turn-key provider for advanced materials, coatings, structures, and rocket nozzles with a world-class metallurgical laboratory for material analysis and characterization. It serves some of the most demanding applications such as hypersonic flight, spacecraft propulsion, rocket propulsion, and aeroengines. Plasma Processes was formed in 1993 and is based in Huntsville, Alabama.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1