Kymera International acquires Thermal Spray Solutions
Specialty materials company Kymera International has closed its transaction with Thermal Spray Solutions (TSS), acquiring substantially all their assets.
Headquartered in Chesapeake, Virginia, TSS is a leading provider of high-performance thermal spray coatings for corrosion and wear resistance to the U.S. Navy, the shipbuilding sector, and key industrial customers throughout the United States. The terms of the transaction were not disclosed.
“Growing our specialty coatings business segment”
“The sale of TSS to Kymera aligns with our strategic goal of growing our specialty coatings business segment. The team at TSS has developed unique material and process solutions that extend the life of metal substrates and provides non-slip surfaces to areas such as naval aircraft carrier decks,” commented Barton White, Kymera CEO. “These technologies, along with Kymera’s in-house developed materials, will allow us to expand our product offerings in the U.S. and use Kymera’s footprint to drive growth globally.”
