Convex has advised the Shareholders of Metallisation Limited, a technology and automation leader in the thermal spray industry as a key developer, manufacturer and worldwide supplier of a full range of metal spraying equipment and consumables, on their sale to Kymera International, a global leading specialty materials and surface technologies company.
Headquartered in Dudley, UK, Metallisation has been bringing the latest metal spray equipment and consumables innovations to market since 1922. They specialize in the design, build and supply of equipment including arcspray, flamespray, plasma, HVOF and laser, in addition to providing customers with turnkey spraying solutions.
This strategic acquisition will benefit both Metallisation and Kymera as the two companies combine their relative strengths to become a global leader in thermal spray applications and solutions. Metallisation will contribute greatly to the continued growth of Kymera’s Surface Technologies business and their ability to deliver high-value, turnkey engineered solutions to global Tier 1 and OEM customers, specifically in the UK and the European region. This marks a significant step forward in Kymera’s commitment to provide comprehensive solutions to aerospace, medical, and industrial customers in its thermal spray portfolio. This acquisition also expands Metallisation’s product offerings, enhancing their market positioning and growth opportunities.
“Personally and as a management team, we were very impressed with Convex and their approach from start to finish. Mutual expectations were very clear and simple without over-complicated legal documents when we first commissioned them to broker the sale. The quality of work, from the initial introductory teaser through to the last paperwork in the deal was exceptional. I was genuinely surprised that they took the time to get such a good and deep understanding of our business in such a short space of time. The fact that they took the time and effort meant a very good buyer pool was generated and some great buyer meetings followed through which we were coached and supported. After entering into exclusivity, I remained very impressed with the detail and support we received through the remainder of the sale process. At the start, I admit I thought their offer was too good to be true – in fairness, they delivered everything they promised and exceeded my expectations.”
Stuart Milton, Managing Director
