Castolin Eutectic acquires Whertec

METALLURGICAL solutions company, Castolin Eutectic, has acquired Whertec, Inc., a privately owned company with headquarters in Jacksonville, Florida. The company will operate as a subsidiary of Eutectic Corporation, USA, said parent MEC Group. Whertec specializes in the application of coatings to protect against excessive wear, corrosion and erosion at elevated temperatures.

Whertec has over the years secured a leading position in the boiler coatings market covering the power, recycling, biomass, steel and pulp & paper industries. These competences compliment the strength of the Castolin Eutectic group which has an established reputation for welding, brazing and coating technologies covering a wide range of industrial applications. 

Castolin Eutectic is a technology based organization with over 108 years’ experience developing metallurgical solutions for industry

Siegfried Schabel, MEC CEO, said combining the forces of Castolin Eutectic and Whertec will create the market leader in surface protection solutions for boilers and pressure vessels covering all technologies.

“We are especially proud that combining the forces of Castolin Eutectic and Whertec will create one of the largest laser coating companies in the world,” Mr. Schabel said. “It will significantly expand our capability to undertake on‐site service contracts. We have the technology, and with Whertec we add operational expertise which will help with the next phase of our global expansion”.

Pete Castiglione, sole owner of Whertec, Inc. said the acquisition by MEC will take the company into international markets.

“MEC provides the ideal partner with its global network and a range of high technology products that complement the operational expertise that we have developed over many years. I am pleased to be taking the business and our employees into a well-respected, privately owned company that is prepared to support our vision for expansion,” Mr. Castiglione said.