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Announced

Completed

Deutsche Invest Mittelstand completed the acquisition of the rolled products unit of Diehl Group.

Synopsis

Investment firm Deutsche Invest Mittelstand completed the acquisition of the rolled products unit of Diehl Group, a German family-owned conglomerate with a range of activities, including the manufacturing of control, metal, defence, aviation, and metering products. Financial terms were not disclosed. Diehl Rolled Products is a leading integrated manufacturer of specialty alloy bronze and brass strips and wires. The product portfolio includes a host of copper based high-performance alloys for a vast number of industrial applications and are, among others, used in the strongly growing connectivity applications in the automotive industry.

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