IHI Acquires Ionbond

摘要

Last fall, IHI Corporation of Japan entered into an agreement to acquire 100 percent of the shares of Ionbond, a manufacturer of wear protection coatings headquartered in Switzerland. IHI provides thin-film technology to industrial customers through its physical vapor deposition (PVD) equipment and services, and together with its subsidiary, Hauzer Techno Coating B.V. in the Netherlands, acquired in 2008, is involved in diamond like carbon (DLC) technology. Joe Haggerty, CEO of lonbond, saw the opportunity to combine Ionbond's process engineering and coating network with the coating machinery at Hauzer. "This will lead to many innovations and advantages for our customers in the coming years. In addition, Ionbond's strength in CVD products complements the current PVD and PACVD offerings within Hauzer and the IHI Corporation."