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New Deal


Announced

Completed

Lincotek completed the acquisition of Hitemco.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Diversified Industrials

Single Bidder

coatings

Acquisition

Completed

United States

Private

Cross Border

Friendly

Majority

Synopsis

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Lincotek, a contract manufacturer, completed the acquisition of Hitemco, a thermal spray and diffusion coating, grinding, engineering, and laboratory services provider. Financial terms were not disclosed. “This is another vitally important acquisition for us. as we are always looking to enhance our offering and provide the best possible partnership for OEMs. Hitemco has an outstanding service reputation across many industry segments and we are delighted to be able to integrate the company’s diffusion coating and thermal spray capabilities with our own. Customers will be assured of the highest possible quality and best possible service,” Winfried Schaller, Lincotek CEO.

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