Carpenter Technology to Acquire Assets of Puris LLC for $35M Additive Manufacturing
Carpenter Technology Corporation, a leading producer and distributor of premium specialty alloys, today announced the execution of a definitive asset purchase agreement for the purchase of substantially all of the assets and business of Puris LLC (“Puris”), a producer of titanium powder for additive manufacturing and advanced technology applications, for $35 million. The assets and business to be acquired include Puris’ titanium powder operations and business, additive manufacturing assets, patents and related intellectual property.