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. Plasma Processes is a supplier of ultra-high temperature parts and coatings for extremely demanding applications, including hypersonic flight, space propulsion and aeroengines. Plasma Processes was formed in 1993 and is based in Huntsville, Alabama.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1