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Acquisition of Indurate Alloys Ltd.

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Acquisition of Indurate Alloys Ltd. 41

We are excited to announce our acquisition of Indurate Alloys Ltd., a prominent Canadian supplier of hardfacing products.

This acquisition will strengthen our position in the Canadian market and provide our customers with a wider range of products and expertise to meet their wear resistance and corrosion protection needs.

Indurate Alloys, located in Edmonton, Alberta, Canada, supplies metallic and carbide powders in HVOF, Plasma Spray, Thermal Spray, Laser and Plasma Transferred Arc (PTA) forms, as well as wires and electrodes. Indurate also provides high-quality Additive Manufacturing powders and collaborates with companies utilizing the latest 3D printing technologies, such as powder bed fusion and direct energy deposition.

We recognize the value of Indurate's established and growing customer base, high-quality thermal spray products, and excellent vendor relationships, which will add new products to complement our portfolio.

"We are excited to welcome the talented Indurate Alloys team to Wall Colmonoy," said Nicholas Clark, President of Wall Colmonoy. "This strategic acquisition extends our reach into the Canadian marketplace and allows us to better serve our customers across the country."

"Wall Colmonoy stood out as the right partner for us, thanks to its extensive history in the hardfacing industry and its shared commitment to strong customer relationships," said Lorne Chrystal, Founder & CEO of Indurate Alloys Ltd. "We are excited to merge the expertise and experience of both companies and eagerly anticipate expanding opportunities together."

For more information on Indurate Alloys, please visit induratealloys.com.

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