Oerlikon completes acquisition of Metco
Oerlikon, based in Pfäffikon, Switzerland, has acquired Metco from Sulzer AG. Metco will combine with Oerlikon’s existing coating business to create the Surface Solutions Segment, under the leadership of Roland Herb as CEO.
The new segment, based in Balzers, Liechtenstein, comprises the two brands of the existing Oerlikon Balzers and the new Oerlikon Metco. The combined businesses will operate about 130 facilities with more than 110 coating centers in 35 countries, employing about 6,000 people.