"With the acquisition of the TCT cutting technologies and the support of TCT key personnel under a long-term service contract, we have created a solid foundation for the mutual maintenance and further development of Primetals Technologies' reliable and high-performance cutting technologies in various areas," says Thomas Brunner, senior vice president and commercial director of casting and ESP at Primetals Technologies.

Founded in 2009, TCT specializes in innovative solutions for all types of cutting applications in steel mills, rolling mills, forges, foundries and scrap yards.

“The acquisition ensures that Primetals Technologies will be able to implement new, challenging projects that include flame cutting technology with even more comprehensive expertise. The move also completes the strong and enduring relationship between Primetals Technologies and TCT in terms of pioneering cutting technology solutions,” Primetals Technologies said.