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  6. Lincotek Acquires Hitemco

Add-on Acquisition • Business Services

Lincotek Acquires Hitemco

On June 23, 2022, Lincotek acquired business services company Hitemco

Acquisition Context
  • This is Lincotek’s 1st transaction in the Business Services sector.
  • This is Lincotek’s 1st transaction in the United States.
  • This is Lincotek’s 1st transaction in New York.

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M&A Deal Summary
Date June 23, 2022
Target Hitemco
Sector Business Services
Buyer(s) Lincotek
Deal Type Add-on Acquisition

Target Company

Hitemco

Old Bethpage, New York, United States
Hitemco is a private, family-owned American business that provides Diffusion and Thermal Sprayed enhanced surfaces – successfully applied across a range of applications and environments. With customers in both commercial and military markets, the company combines high-quality production with extensive equipment capability, competitive pricing, and great customer service. Hitemco is based in Old Bethpage, New York.
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Buyer Overview 1

Buyer

Lincotek

Parma, Italy
Category Company
Founded 1973
Sector Manufacturing
DESCRIPTION

Lincotek is a contract manufacturer for services in niche markets including Industrial Gas Turbines, Aviation and Medical Device applications, as well as a leading manufacturer of industrial coating equipment and one of the most respected producers in the Additive Manufacturing field. Lincotek was founded in 1973 and is based in Parma, Italy.

Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-21 Pegasus - Medical Division

Turin, Italy

Pegasus' Medical Division is a manufacturer of high-quality forged implantable parts meeting the applicable customer specifications.

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