# Precimetal acquires precision foundry Settas in Charleroi, Belgium

Precimetal has acquired precision foundry Settas S.A. in Charleroi, Belgium, from Doncasters Ltd. The deal was supported by existing investors including Ciclad and new investor Profinpar.

- Type: Acquisition
- Announced: 2019-11-20
- Where: Charleroi, Belgium
- Status: completed
- Products: precision cast titanium parts, investment cast metal parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Doncasters Group](https://endata.com/companies/21118.md) (partner)
- [Precimetal](https://endata.com/companies/43403.md) (acquirer)
- [Settas](https://endata.com/companies/43404.md) (target)
- [Ciclad](https://endata.com/companies/43405.md) (investor)
- [Profinpar](https://endata.com/companies/43406.md) (investor)

## Sources

- [ciclad.com](https://www.ciclad.com/2019/11/20/precimetal-annonce-lacquisition-de-la-fonderie-settas/), 2019-11-20: "PRECIMETAL a acquis la fonderie de précision SETTAS S.A. située à Charleroi en Belgique auprès du groupe anglo-américain DONCASTERS Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.