GCT GmbH has been acquired by CTC India and JoReiCo GmbH
GCT GmbH has been acquired by CTC India Pvt. Ltd. and JoReiCo GmbH from Extramet AG, gaining access to a broader network of expertise, enhanced resources and a global sales network. With its extensive experience in diamond coating and its broad client base in the printed circuit board (PCB) tool market, GCT brought new momentum and specialist knowledge to its buyers.
GCT provides advanced diamond-coating systems for tools, especially in the PCB industry, using chemical vapor deposition (CVD) technology to deliver ultra-hard, wear-resistant and thermally stable protective layers. The company offers reliable equipment, process expertise and technical support for high-performance PCB manufacturing.
CTC India manufactures tungsten-carbide cutting tools such as drills, end mills, routers, reamers, engravers, grooving tools and custom tools. The company supplies high-precision tools to industries including PCB manufacturing, automotive, aerospace, medical and dental, engineering and beauty and nail care. Founded in 1983, it has grown into a large global supplier producing over 20 million tools per year.
Extramet is a Swiss company that specializes in tungsten-carbide hardmetal production. It manufactures carbide rods, blanks and custom semi-finished parts, and also offers precision grinding and finishing services. Extramet’s materials are used in industries that require extremely wear-resistant, high-precision components such as automotive, aerospace, medical and dental, watchmaking, packaging and general machining.
Oaklins’ team in Germany acted as the lead advisor to the seller and the management team of GCT in preparing the sale process and due diligence, approaching and conducting parallel negotiations with potential buyers and supporting them through to closing.
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