M&A Deal Summary

Kymera Acquires Thermal Spray Solutions

On May 8, 2023, Kymera acquired chemicals company Thermal Spray Solutions

Acquisition Highlights
  • This is Kymera’s 1st transaction in the Chemicals sector.
  • This is Kymera’s 2nd transaction in the United States.
  • This is Kymera’s 1st transaction in Virginia.

M&A Deal Summary

Date 2023-05-08
Target Thermal Spray Solutions
Sector Chemicals
Buyer(s) Kymera
Deal Type Add-on Acquisition

Target

Thermal Spray Solutions

Chesapeake, Virginia, United States
Thermal Spray Solutions is a full-service thermal spray facility specialized in rotating equipment solutions and on-site metal coating application. Thermal Spray Solutions is based in Chesapeake, Virginia.

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Buyer(S) 1

Buyer

Kymera

Durham, North Carolina, United States

Category Company
Founded 1876
Sector Metals/Mining
DESCRIPTION

Kymera is a specialty materials company focused on aluminum and copper-based powders, granules, and pastes. The Company sells its products into a wide variety of end markets, including chemical, specialty auto, general industrial, additive manufacturing, mining, and aerospace applications. Kymera is the only non-ferrous metal powder producer with a global manufacturing footprint in the U.S., Australia, Europe, and Asia. Kymera's products are typically customized for the manufacturing processes of its over 1,500 active, long-tenured customers. Kymera was founded in 1876 and is based in Durham, North Carolina.


DEAL STATS #
Overall 4 of 9
Sector (Chemicals) 1 of 2
Type (Add-on Acquisition) 2 of 7
State (Virginia) 1 of 1
Country (United States) 2 of 4
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 CASL Surface Technologies

Nisku, Alberta, Canada

CASL Surface Technologies develops and commercializes niche metallic coating process, alloy and capital equipment intellectual property purposed towards mitigating the impact of extreme wear on mission critical industrial components. CASL solves the most challenging surface engineering problems facing global multinationals operating in a diverse range of industries stretching from mining to aerospace and defense. CASL Surface Technologies is headquartered in Alberta, Canada.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 KDF

Three Rivers, Michigan, United States

KDF is a fluid treatment company that processes high-purity copper-zinc formulations used in pretreatment, primary treatment, and industrial applications. KDF was formed in 1984 and is based in Three Rivers, Michigan.

Buy -