Salı, Nisan 23, 2024

Metal finishing technologies acquires aqua blasting

Metal Finishing Technologies (MFT) has acquired Aqua Blasting as part of its strategy to broaden and diversify its range of surface treatment solutions.

Metal Finishing Technologies, LLC (MFT), a nationally-recognized leading provider of metal finishing and specialty coating services for aerospace, defense and industrial customers, announced the acquisition of Aqua Blasting Corp. (Aqua Blasting), a Bloomfield, CT based provider of shot peening and blasting services to the aerospace, defense, medical, and semiconductor markets.

Founded in 1971, Aqua Blasting has demonstrated competency within peening and blasting technologies. Capabilities include shot peening, glass bead peening, dry abrasive blasting, wet abrasive blasting, vapor blasting, soda blasting, and automated grit blasting.

The company holds important certifications including FAA Part 145 Repair Station, NADCAP AC7117 & AC7117/2 Surface Enhancement, NADCAP AC7004 Aerospace Quality System, U.S. ATF Federal Firearms License, ITAR compliance, and numerous customer specific certifications.

Aqua Blasting operates out of an 11,000 square foot facility that houses automated peening and media blasting equipment as well as several large abrasive blasting rooms which handle parts up to twenty feet in length.

 

First acquisition under Battle Investment Group

This acquisition marks a significant milestone for MFT as the first acquisition under its Battle Investment Group partnership. The acquisition of Aqua Blasting expands and diversifies MFT’s surface treatment offerings by adding surface enhancement capabilities.
Peter Mirabello, Chairman of MFT, commented, “Over the last three years, MFT has significantly invested into its facility to expand service offerings and capabilities, including the addition of non-destructive testing, and new NADCAP plating lines. Aqua Blasting represents an exciting next step in the evolution of MFT.”

Alex Bosse, Principal at Battle Investment Group, added, “MFT is strategically building additional capabilities to become a one-stop shop for metal surface treatment, and we believe the acquisition of Aqua Blasting represents a compelling opportunity to vertically integrate MFT’s solution offering with surface enhancement technologies.

Customers prefer consolidating metal treatment services to one provider, and the ability to control more of the process provides MFT a competitive advantage in competing for new work. We believe this will present an attractive value proposition for existing and new customers.”

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