Element Six completes its acquisition of Barat Carbide Group

The acquisition is one of the largest and most significant in the group's history and raises the group's total turnover to US$0.5bn and the number of employees to 4,000.

"Acquiring Barat Carbide is an important step for Element Six in its ambitious programme of growth over the next few years with the aim of generating US$1bn in revenue within the next few years. In particular, it will support the company's goal of bringing novel material engineering solutions to a broad range of new markets and applications," says Christian Hultner, CEO of Element Six.