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Press releases (07/05/10) Sulzer Acquires Diamond-like Carbon Coatings Activities from Bekaert

Sulzer Acquires Diamond-like Carbon Coatings Activities from Bekaert Sulzer and Bekaert, today announced the completion of the acquisition of Bekaert’s diamond-like carbon (DLC) coatings activities. The transaction value amounts to EUR 11.0 million (CHF 14.5 million). This business with its leading DLC technology achieved sales of EUR 12.5 million (CHF 16.5 million) in 2009. The acquisition will expand the geographical presence and complement the technology range of Sulzer Metco in the thin-film coatings market.

Bekaert’s diamond-like carbon (DLC) coatings business develops and markets thin-film coatings, which combine very low frictional resistance and extreme hardness. The coatings are used to reduce wear and friction in a wide range of industrial applications, such as machine parts, automotive components, and molds for plastics and metals. The transaction will enhance Sulzer Metco’s service network in Europe and the USA. It covers all six production plants in Belgium, France, Germany, and the USA with approximately 150 employees in total. The DLC business will be integrated into Sulzer Metco’s existing thin-film coating activities, which focus on machining, forming, general automotive, racing, semiconductors and plastic-processing applications.

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