CERATIZIT Acquires Xceliron Corp.

September 14, 2023

CERATIZIT S.A. (part of the Plansee Group) has acquired all shares of Xceliron Corp., a Chatsworth, California-based manufacturer of special solid carbide round tools serving the aerospace and automotive markets. Xceliron founders Randy Jones and Ric DiOrio will remain in management; financial terms were not disclosed. The deal expands CERATIZIT’s specialty tooling capabilities and strengthens its North American aerospace and automotive offering.

Buyers
CERATIZIT S.A. (part of the Plansee Group)
Targets
Xceliron Corp.
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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