# Paragon Partners acquires Castolin Eutectic from Messer Group

Paragon Partners acquired all shares of Castolin Eutectic, a provider of wear protection and repair solutions for industrial plants, from the Messer Group. Castolin Eutectic is headquartered in Kriftel, Germany, and operates six production facilities worldwide.

- Type: Acquisition
- Announced: 2020-04-22
- Where: Kriftel, Germany, Germany
- Status: announced
- Products: welding consumables, brazing materials, coating technologies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Messer](https://endata.com/companies/3598.md) (partner)
- [Paragon Partners](https://endata.com/companies/18838.md) (acquirer)
- [Castolin Eutectic Group](https://endata.com/companies/22046.md) (target)

## Sources

- [paragon.de](https://www.paragon.de/castolin-eutectic-staerkt-seine-position-fuer-weiteres-wachstum-mit-paragon-als-neuem-gesellschafter/), 2020-04-22: "Paragon, erwirbt sämtliche Anteile an Castolin Eutectic, dem weltweit führenden Anbieter von Verschleißschutz- und Reparaturlösungen für Industrieanlagen, von der Messer Gruppe."

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