Announced
Completed
Synopsis
KPS Capital Partners, an American investment company, completed the acquisition of a 75% stake in Metra, a global manufacturer of extruded aluminum. Financial terms were not disclosed. “By combining Metra and Profile, we will create a robust global extruded aluminum platform with an unparalleled reputation for reliability, superior quality and customer service. The strategic and industrial logic of combining Metra and Profile is compelling, as the transaction allows Metra to continue to expand its presence in new end-markets and provides a foothold for future acquisition opportunities in North America. We look forward to continuing to rapidly grow the combined business both organically and through a global acquisition strategy," Pierre de Villeméjane, KPS Mid-Cap Investments Partner.
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