We are pleased to inform you that the Oerlikon Group has successfully completed the acquisition of the Metco division from Sulzer. Metco has a focus on specialized components as well as engineering products and services, using advanced coating and surface enhancement technologies. With its 2’450 employees Metco creates CHF 708 million sales. The main market coverage is in transportation, power and other industrial markets.
Within the next few months, Metco will be renamed as Oerlikon Metco. Oerlikon Balzers and Oerlikon Metco, the two coating pioneers, will together form a world technology leader under the new Oerlikon Surface Solutions Segment with combined annual sales in excess of 1.2 billion CHF and employing 6’000 people.
Oerlikon Metco and Oerlikon Balzers complement each other as global players in the coating market through their combined strengths in terms of technology, application coverage and geographical presence. Both companies have a longstanding and successful track record in the surface solution industry. Oerlikon Metco has a market focus on thick surface coatings and Oerlikon Balzers is an innovator in thin Surface Solutions, where we continue to invest as one of our core businesses. A wide spectrum of industries will benefit from new possibilities created from the combined product and solution portfolio.
How does the change affect my business as a customer of Oerlikon Balzers?
The transaction has no operational impact on the ongoing business. You can rest assured that the team is committed to continued delivery of products and services in the same reliable manner as prior to the acquisition. The production sites will remain unchanged and continue their business as usual. Our commitment to all ongoing technical projects, new programs and contracts with customers remains unchanged. Additionally, a vast array of new solutions and technologies tailor made at your business obstacles will be accessible.
In the course of the coming months, we will inform you regarding the timing of changes to our brand, legal entity names and administrative details as the new Oerlikon Surface Solutions Segment is formed. Your account manager will contact you shortly to discuss how our expanded solution portfolio can further support you in achieving your business goals. In case of questions or need for management attention, please do not hesitate contacting Oerlikon Balzers or Metco sales management.
Thank you for your confidence in Oerlikon Balzers. We are keen to transfer this trust into the new Oerlikon Surface Solutions Segment and are looking forward to continuing our cooperation with you and your company.
Yours sincerely,