CHARLOTTE, N.C., April 3, 2017 /PRNewswire/ -- Dynacast International, a global manufacturer of precision engineered metal components, is pleased to announce the Signicast, LLC., acquisition closed Friday, March 31, 2017.
Signicast is a highly automated and vertically integrated manufacturer of precision investment cast components. The company is the largest commercial investment casting manufacturer in the world and is regarded for its superior product quality and value, speed and flexibility, engineering and customer service.
Combining the Dynacast and Signicast offerings provides customers even more design freedom, with expanded choices of material, part complexity, and volume. As part of the merger, Signicast will remain as a separate operating division, ensuring business as usual for customers.
"Given Signicast's complementary manufacturing technology, this acquisition expands our existing customer offerings and accelerates our strategic vision for growth. I am pleased to be working closely with the Signicast team to ensure that the combined company continues to provide our customers with unparalleled technology, quality, and service," stated Simon Newman, Dynacast's Chairman and Chief Executive Officer.
The acquisition adds over 800 employees from Signicast's two campuses in Wisconsin, expanding Dynacast's footprint to more than 9,500 employees in 27 locations. The merger enables Dynacast to continue growing both businesses, with intentions to globalize the Signicast division in the coming years.
This transformative acquisition supports Dynacast's strategic vision toward becoming a $1 billion-plus organization over the next two to three years and furthers Dynacast's position as the foremost global manufacturer of precision metal components.
About Dynacast International Inc.
Dynacast works with organizations all over the world, helping bring their ideas to life with the highest quality precision engineered metal components on the planet. Customers can come from virtually any industry—consumer electronics, automotive, healthcare, or any other where only the very best is good enough. And each benefits from our 80 years of experience pioneering the techniques and technologies that have redefined the industry. www.dynacast.com
About Signicast, LLC.
As a leading provider of investment castings, Signicast's highly automated process provides customers with unparalleled lead times and quality levels. Combined with world-class engineering support and unique one-stop manufacturing solutions including machining, heat treating, painting, and assembly, Signicast customers receive the industry's lowest total cost. www.signicast.com
For more information, please contact:
Taylor Topper, Dynacast International Inc.
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SOURCE Dynacast International Inc.