Titomic acquires the European cold spraying company Dycomet Europe ”

Stay up to date on all that is happening in the wonderful world of AM through our LinkedIn community.

Dycomet is a Netherlands-based company that has been providing low and medium pressure cold spray technology solutions to various industries since 2006. In 2016, Dycomet also added high pressure cold spray solutions to its portfolio, this which will provide Titomic’s European customers with local support and capacity. Dycomet’s portfolio includes turnkey cold spray solutions, research and development services through an in-house laboratory, software development and the provision of services, spare parts and consumables for its systems. Its customers include domestic brands such as Rolls-Royce, Mercedes, Airbus, Siemens, VW and several leading universities. The company is aligned with Titomic’s strategic approach targeting markets such as aviation and the automotive industry.

Herbert Koeck, Managing Director of Titomic, said: “The acquisition of Dycomet is an important step in Titomic’s strategic path to become a global company. We are delighted to welcome Dycomet on board and look forward to working with Klaas and his team on the many exciting opportunities this acquisition presents. While Titomic focuses on high pressure applications, Dycomet serves the low and medium pressure market. Through our portfolio of complementary machines and products, the combined expertise now available to the company will further accelerate the growth of the company in new markets and provide existing customers with a broader product offering.

Dycomet founder and CEO Klaas Rozema will assume the new role of CEO of Titomic Europe. Klaas brings a wealth of experience in cold spray technology, having spent the last 13 years building Dycomet to now occupy a leading position in the European market.

Titomic acquires European cold spraying company Dycomet Europe aligned with strategic approach targeting markets such as aviation and automotive“I am delighted that Dycomet has been acquired by a new owner who understands our industry,” said Klaas Rozema, Managing Director of Dycomet. “Titomic is a great addition to our current product line and expertise and can support the next phase of growth, providing a wealth of opportunities for our team. I will continue to lead the business in Europe and look forward to working with Herbert to bring the two companies closer together and ensure that the synergies between the two companies are fully exploited.

The transaction will provide Titomic with a base in Europe, giving it exceptional global access with its Australian headquarters and Titomic USA. The acquisition will immediately generate income for Titomic with a healthy pipeline of customer orders in Europe. Several synergies that will be immediately realized between the companies include additions to Titomic’s full product portfolio, broader product offerings for current customers, the use of complementary machine sets on both sides, Titomic’s ability to maintain and to maintain additional industrial machinery in Europe and to provide technical and commercial services. functions for the company in the region

Comments are closed.