Castolin Eutectic

Castolin Eutectic
Company type	Private
Industry	Wear and Fusion Technology
Genre	Corporate histories
Founded	Lausanne, Switzerland
Founder	Jean-Pierre Wasserman
Number of locations	over 100 worldwide
Area served	worldwide
Products	welding, brazing, coating (consumables & equipment), wear plates
Services	Castolin Services
Number of employees	2,000 worldwide
Parent	Paragon Partners
Subsidiaries	in over 100 countries

Last updated May 31, 2025

Castolin Eutectic was established in 1906 by Jean-Pierre Wasserman in Lausanne, Switzerland. He discovered a new method of low-temperature brazing of cast iron, which was a revolutionary process for the repair and wear-protection of metals. During the last decades fluxes, brazing alloys as well as coating and welding equipment and consumables have been developed and the company is present with its own subsidiaries in over 100 countries on all five continents.

Paragon partners

Castolin Eutectic reinforced its position in 2020 with a new shareholder.

Products

The 4 principal product areas are:

Welding consumables and equipment^[1]
Brazing consumables, fluxes and equipment^[2]
Coating consumables and equipment^[3]
Wear plates and engineered parts^[4]

History

1906 Foundation of Castolin in Lausanne, Switzerland
1940 Foundation of Eutectic Welding Alloys Corporation in New York City
1959 Foundation of Eutectic Japan Ltd
1962 Foundation of Eutectic India Ltd - a joint venture with the company Larsen & Toubro, with products marketed under the name of L&T EWAC Alloys
1960's Start of first CastoLab workshops
1970's Development of Cored wire and production
1980's Development of world's first gas atomised powder production
1991 CDP® Wearplate development and production
1996 Creation of Global Industry Program
2005 Part of the Messer World.
2006 100 years anniversary
2007 Opening of the World's most advanced powder production facility and introduction of first NanoAlloy® welding consumable
2008 Castolin Services growth and acquisitions in the United Kingdom, Russia, United States, Canada, China, Austria, Norway, Hungary, Belgium.
2013 Acquisition of Monitor Coatings, technology leader for surface engineering in extreme environments with facilities in the UK, Singapore and China.
2014 Acquisition of Whertec, a privately owned company with headquarters in Jacksonville, Florida, USA. Over the past years Whertec has secured a leading position in the boiler coatings market covering the power, recycling, biomass, steel and pulp & paper industries.
2015 Geographical expansion by Joint Venture agreements in Nigeria and Saudi Arabia
2017 Acquisition of FMP Coatings. FMP specializes in inorganic-hybrid coatings.
2020 Paragon Partners acquired all shares in Castolin Eutectic.

References

↑ "Welding Technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.
↑ "Brazing Technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.
↑ "Coating technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.
↑ "Wear Plates Technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.

External links

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[1] "Welding Technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.

[2] "Brazing Technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.

[3] "Coating technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.

[4] "Wear Plates Technology". Archived from the original on 2011-01-28. Retrieved 2011-03-25.

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