Kennametal to Acquire Deloro Stelite

Kennametal Inc. has signed a definitive agreement to purchase the Deloro Stellite Group from Duke Street Capital.

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Kennametal Inc. has signed a definitive agreement to purchase the Deloro Stellite Group from Duke Street Capital. UK-based Deloro Stellite is a global manufacturer and provider of alloy-based critical wear solutions for extreme environments involving high temperature, corrosion and abrasion. The company employs approximately 1,300 people across seven primary operating facilities globally, including locations in the U.S., Canada, Germany, Italy, India and China. Through proprietary metal alloys and materials expertise as well as specialized engineering design and fabrication capabilities, Deloro Stellite delivers value-added, tailored wear solutions for customers in Kennametal’s current end markets of oil/gas, power generation, transportation and aerospace.