TYNE & WEAR, UK - Castolin Eutectic has acquired Monitor Coatings Group, a privately held company that provides surface engineering in extreme environments. With facilities in the UK, Singapore and China, the company serves customers in the oil and gas, steel, power, and aerospace industries.
Products in the company’s portfolio include ultra-dense, high wear-resistant coatings for the oil and gas industry, which are based on a novel thermal spray and densification process. This technology prolongs the life of drilling tools and provides sustainable, durable equipment to the market.
“Castolin Eutectic and Monitor Coatings create the leading force in industrial wear and corrosion protection. With this step, we further strengthen our technology and service activities – core to our growth strategy,” said Siegfried Schabel, CEO of MEC Group.