M&A alert. voestalpine Rotec buys Romanian coating company Barum Technik

Voestalpine Rotec GmbH (Metal Forming Division) has acquired the KTL facilities of the Romanian Timisoara-based company Barum Technik.

After the move, Henceforth Barum Technik, which employs 160, will operate as “voestalpine Rotec Coating SRL.” The acquisition in the coating sector represents a lengthening of the voestalpine Rotec value chain.

voestalpine Rotec GmbH and Barum Technik have already cooperated closely over since 2008. All the seat belt tensioner tubes produced in Krieglach are coated by Barum using cathodic dip-coating (CDC). Over the past years more than 220 million tube components have been treated in this manner.

Cathodic dip-coating, or CDC, uses a direct current to deposit the coating on the inside and outside of the tube components, offering protection against rust and other damage throughout their service life. This ensures that the finished part functions as intended over the long term. Consequently, the coating is not simply an optical element and should be regarded as an important part of the Rotec value chain.

Popovici Nitu Stoica & Asociatii assisted with the deal.