Raymor Industries sells AP&C division to PE-backed Arcam for $35 mln
Raymor Industries Inc has sold its advanced powder and coatings (AP&C) business division to Arcam AB, a Mölndal, Sweden-based provider of cost-efficient additive manufacturing solutions for the production of metal components. The total acquisition price was $35 million. Arcam is a portfolio company of Swedish private equity firm Industrifonden. Based in Boisbriand, Quebec, Raymor Industries also operates Raymor Nanotech, which produces very pure and highly graphitized single-wall carbon nanotubes. The company was founded in 1980.
13 February 2014•2 mins read
