AMG Advanced Metallurgical Group to acquire International Specialty Alloys from Kennametal.

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.