Lincotek completed the acquisition of Hitemco.

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.