Announced
Financials
Sources
Tags
titanium master alloys
Private
Friendly
Acquisition
Pending
United States
Majority
Metal Fabricating
Single Bidder
Synopsis
AMG Advanced Metallurgical Group, a leading international supplier of titanium master alloys and titanium aluminides to the aerospace industry, agreed to acquire International Specialty Alloys, a producer of titanium master alloys and other binary alloys for the aerospace market, from Kennametal, a supplier of tooling and industrial materials. Financial terms were not disclosed. “The acquisition of ISA provides an excellent opportunity for AMG Titanium Alloys and Coatings to increase its market position in these key products for the aerospace market in North America and Europe.” Guido Loeber, President of AMG Technologies.
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