Paramelt B.V, the world’s leading producer of investment casting waxes today announced the acquisition of Valan Wax Products Ltd.
Paramelt is headquartered in Heerhugowaard, The Netherlands and services its investment casting customers from R&D and production facilities in The Netherlands (Heerhugowaard), USA (Muskegon, Rosemead and Cleveland) and China (Suzhou, Jiangsu).
Valan wax, centrally located in Bromsgrove UK, is well known within the UK investment casting industry for its efficiency & flexibility and complete service package for runner waxes and runner wax systems. Based on an extensive investment casting background, Valan Wax has seen solid growth over the years by focusing on superior technologies to reclaim waxes.
The acquisition strengthens the position of Paramelt and marks the commitment of Paramelt to be a leading wax supplier to the investment casting industry.
Paramelt’s global access to strategic raw materials and its multi-site network combined with Valan’s experience in supplying efficient and complete runner wax solutions will further strengthen the company’s ability to ensure supply security to the investment casting industry.
The former owners of Valan Wax, Tony and Lisa Watton will join the Paramelt team and remain focused on servicing the UK investment casting customers.
Terms of the transaction were not disclosed.
More details about the company and its activities can be found on www.paramelt.com. For further information please contact John Machielse at +31.72.5750600 or firstname.lastname@example.org.