CERATIZIT Acquires Xceliron Corp.
November 1, 2023
(l-r) Mirko Merlo, CERATIZIT Executive Board Member, Melissa Albeck, Randy Jones, Ric DiOrio and Andreas Lackner
CERATIZIT S.A., part of the Plansee Group, has acquired all shares of Xceliron Corp. The Chatsworth, CA-based round tool manufacturer is focused on providing special solid carbide tools for aerospace and automotive industries in the U.S.
"With its high-quality specialty products, the Xceliron portfolio is an ideal complement to the standard products from our Sacramento site and an important building block for our global growth strategy," said Mirko Merlo, President Americas at CERATIZIT. "Xceliron's strong foothold in the aerospace industry not only provides CERATIZIT with a launch pad to tap into new customer groups, but the company's expertise in the field of special tools also opens new opportunities to offer CERATIZIT customers in North America an even more comprehensive range of tooling solutions in the future."
Randy Jones and Ric DiOrio will continue in the management of Xceliron and act as Co-Managing Directors.
"We are thrilled to have found the right partner in CERATIZIT to take Xceliron to the next level and build on our heritage. Long-term thinking and creativity are two of the values that have also been at the core of our business over the past 33 years," DiOrio and Jones said in a joint statement.
For more information contact:
Xceliron Corp.
9540 Vassar Ave.
Chatsworth, CA 91311
818-700-8404
sales@xceliron.com
www.xceliron.com
CERATIZIT USA, Inc.
2050 Mitchell Blvd.
Schaumburg, IL 60193
800-783-2280
www.ceratizit.com
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