Oerlikon recently announced that it has acquired Primateria AB in Sweden and signed an agreement to acquire the assets of DiaPac LLC and Diamond Recovery Services Inc in the US.
DiaPac LLC is a leader in providing high-performance powered metals, wear resistant surface coatings and cemented carbides for use in oil & gas, mining, construction, agricultural and manufacturing operations. Diamond Recovery Services specializes in providing hard materials and environmentally complementary reclamation services that are applied across a broad spectrum of applications.
With the acquisitions, Oerlikon will benefit from an expansion of market access in the oil & gas, metal matrix composites and US powered metals industries.