European heat treatment service provider seeks investment (to establish heat treatment service chain

2021-07-23
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Industry: Energy chemical Industry Region: Europe Transaction price: US $1 million Transaction method: equity investment

The company is a European industrial service provider with strong expertise in heat treatment and has had many conversations with potential customers, business areas and industry experts in China over the past few years.

Details: The company's technical advantage is to be able to provide customers with high-tech, high-quality solutions and state-of-the-art heat treatment processes without the investment of machinery, without any labor costs, without opening up any production space, and without any capacity and maintenance issues.

The main service

The company mainly provides the following heat treatment services:

Quenching/tempering treatment: including martensite quenching/tempering, bainite quenching/tempering (low distortion quenching);

Annealing treatment: according to customer requirements, and in the air, activity or nitrogen under different environments to get the desired results, its diversity of services covering stress relief annealing, soft annealing, standard annealing, etc.

Gas nitriding and carbonitriding: to achieve high wear resistance, corrosion resistance, high strength performance of the components;

Metallographic analysis: Vickers/Rockwell hardness test, spectral analysis, residual austenite analysis, etc.

Company's customers

The company has partnered with a leading European heat treatment equipment manufacturer to set up heat treatment workshops based on customer needs, mainly targeted at the automotive, new energy and mechanical engineering industries that need external heat treatment services in their supply chain. Currently, customers include ZF, Schaeffler, Daimler, Brose and so on.

The company has won a specific project in China to provide technical services to a wind turbine OEM and tier 1 component supplier for demand from the wind industry.

Cooperation intention

The company is now looking to work with financial investors to establish a heat treatment service chain in China.