September 9, 2016
On September 9, 2016, Bodycote plc (LSE: BOY), the world’s largest thermal processing services provider, acquired Nitrex Metal Technologies, a division of IHT Limited Partnership.
Nitrex specializes in precision gas nitriding and ferritic nitrocarburizing in both batch and continuous forms. Continuous gas nitriding and ferritic nitrocarburizing are unique in the industry and are particularly suited to high-volume automotive work.
John Griggs of Miller Thomson advised IHT Limited Partnership in this transaction.