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Erasteel boosts R&D

20 October 2011

Erasteel has taken a significant step in strengthening its research and development resource by taking a majority shareholding in Metallied, a company that specialises in small batches of tailor-made powders. Erasteel is a 100% subsidiary of Eramet, the French metallurgy and mining group based in Paris.

Metallied, based in Irun, Spain, was created in 2007 and is a spin-off of the CEIT research institute based in San Sebastian, Spain.

Metallied, with fewer than 10 employees, uses its state-of-the-art and innovative powder atomisation equipment to specialise in the production of small batches of tailor made fine powders available in a wide range of alloys. The deal means that Metallied can rely on an industrial partner and Erasteel, pursuing its growth strategy in the field of powder metallurgy, is extending its R&D resources.

 

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