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Announced

Oerlikon to acquire D-Coat.

Synopsis

Oerlikon, which provides metal coating services, is set to acquire D-Coat, a German diamond coating technology company. Financial terms were not disclosed. “We intend to leverage the synergies from our combined technological power and expertise to create the best diamond coating solutions and services for tooling customers in the aerospace, automotive, die and mold and other industries. D-‑Coat will be our fourth and biggest Customer Centre for diamond coatings, in addition to the centers in the USA and Korea, and will expand the portfolio of our Centre of Competence for Diamond Coatings in Luxembourg. In total, D-Coat is our 113th global Customer Centre,” Dr. Wolfgang Kalss, Oerlikon Balzers Head of Business Line Cutting Tools.

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