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CERATIZIT S.A., part of the Plansee Group, has acquired all shares of Xceliron Corp. The Chatsworth, CA based round tool manufacturer is focused on providing special solid carbide tools for the aerospace and automotive industries in the U.S.
“With its high-quality speciality products, the Xceliron portfolio is an ideal complement to the standard products from our Sacramento site and an important building block for our global growth strategy,” says Mirko Merlo, President Americas at CERATIZIT. Xceliron’s strong foothold in the aerospace industry not only provides CERATIZIT with a launch pad to tap into new customer groups, the company's expertise in the field of special tools also opens new opportunities to offer CERATIZIT customers in North America an even more...
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