Pioneer Metal Finishing has acquired Electrochem Solutions in Union City, California, a metal finishing company in Silicon Valley.
Dave RossitFounded in 1982, Electrochem provides a range of highly-technical finishing solutions including gold plating, silver plating, anodizing, electroless nickel, and other services to clients primarily in the semiconductor fabrication equipment end market.
"Pioneer is the right choice for Electrochem, our employees and customers," says David Rossiter, Owner of Electrochem.
Scott Kettler, Pioneer’s President and COO, says Electrochem Solutions is an excellent addition to the Pioneer family.
"They diversify our capabilities and products, expand our geographic scope with a Silicon Valley footprint and advance our evolution into a leadership position providing unmatched mission-critical surface engineering solutions for our customers," Kettler says.
Scott KettlerFounded nearly 40 years ago, Electrochem focuses on functionally-engineered precious-metal plating, electroless nickel, aluminum anodizing, complex masking and clean room-based related services. Kettler says they provide critical components to high-tech industries such as semiconductor and electronic component manufacturing, aerospace/defense and medical technology. Electrochem is an approved vendor for many notable high-tech customers, including numerous Fortune 500 companies.
“This Electrochem division increases Pioneer’s North American workforce to more than 1,000 employees, with eleven facilities comprising over one million square feet of manufacturing capacity," says Kettler, who added that Francisco Ruiz, current General Manager, will continue leading the division.
Pioneer Metal Finishing is a portfolio company of Aterian Investment Partners
"We are excited to continue to build upon Pioneer's strategy of acquiring leading metal finishing businesses," says Daniel Krasnow, Principal at Aterian. "Electrochem expands Pioneer's presence on the West Coast and adds new technical capabilities Pioneer can build upon."
Weil Gotshal & Manges LLP advised Pioneer on the transaction.
