Nasmyth Group Acquires Technical Metal Finishing Inc.

COVENTRY, U.K. (Aug. 19, 2014) – Nasmyth Group announced the acquisition of the business and assets of California-based Technical Metal Finishing Inc., (TMF) to create Nasmyth TMF. The company offers a range of metal surface finishing capabilities, including precision masking, anodizing and chemical film coatings, passivation, painting and non-destructive testing. These processes complement those offered by Nasmyth Group’s four metal surface finishing businesses in the U.K. providing precise, aerospace industry and Nadcap-approved treatments for metals. The ability to address the requirements of major U.S. aerospace companies through the provision of such processes makes Nasmyth TMF a valuable addition to the comprehensive capabilities that Nasmyth Group already has in these technologies. Chris Sosa, Nasmyth TMF’s general manager, commented: “There are numerous opportunities offered by this acquisition and the establishment of Nasmyth TMF. These range from technology transfers in both directions, through expansion resulting from the introduction of new customers, to the further development of new processes and the funding of future growth. The combined resources of Nasmyth Group and the Nasmyth TMF team have the strength to turn customers' metal finishing problems into solutions and to provide on-going production of high quality finished products”. Craig Hanriot, the former owner of TMF, will be working with the global Nasmyth team to identify and develop new metal finishing opportunities in the U.S., Europe and Asia. Chairman and CEO of Nasmyth Group, Peter Smith, added: “Continued strategic expansion forms one cornerstone of our ongoing strategy to strengthen the Group’s worldwide presence and provide our customers with continuously enhanced, fully integrated, precision engineering solutions on a global scale.” Nasmyth Group brings together the collective expertise, resources and technology of 14 precision engineering businesses.