M&A Deal Summary

Bodycote Acquires Lake City HT

On October 6, 2023, Bodycote acquired business services company Lake City HT

Acquisition Highlights
  • This is Bodycote’s 1st transaction in the Business Services sector.
  • This is Bodycote’s 3rd transaction in the United States.
  • This is Bodycote’s 1st transaction in Indiana.

M&A Deal Summary

Date 2023-10-06
Target Lake City HT
Sector Business Services
Buyer(s) Bodycote
Deal Type Add-on Acquisition

Target

Lake City HT

Warsaw, Indiana, United States
Lake City HT is a hot isostatic pressing (HIP) and vacuum heat treatment business primarily supplying the orthopedic implant market as well as Civil Aerospace. Lake City HT is based in Warsaw, Indiana.

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Buyer(S) 1

Buyer

Bodycote

Macclesfield, United Kingdom

Category Company
Founded 1923
Sector Machinery
Employees4,833
Revenue 802M GBP (2023)
DESCRIPTION

Bodycote is a supplier of heat treatments, metal joining, hot isostatic pressing and coatings services. Bodycote was incorporated in 1923 and is based in Macclesfield, the United Kingdom.


DEAL STATS #
Overall 6 of 6
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Indiana) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-09 Nitrex Metal Technologies

Burlington, Ontario, Canada

Nitrex Metal Technologies is a fully integrated, state of the art, premium surface treatment facility dedicated to creating and maintaining partnerships founded on a business culture that delivers on commitment to service and quality without compromise.

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