Independent private equity firm Paragon Partners has acquired all shares in Castolin Eutectic from the Messer Group.
Headquartered in Kriftel, Germany, Castolin Eutectic provides the full range of consumables, equipment and services in welding, brazing and coating technologies to more than 40,000 customers around the globe.
Active for more than 100 years in the maintenance and repair business, the Castolin Eutectic brand is well known for outstanding technical competence and quality.
John Kirkwood, CEO of Castolin Eutectic, said, “We are looking forward to working with Paragon Partners and are convinced that, together, we can further capitalise on the group’s strengths and strong market positioning.”
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