Announced
Completed
Synopsis
AFG Holdings, a technology and manufacturing specialist, completed its acquisition of Maass Flange, the North American assets of Maass Global Group, a global specialist in open die, closed die and ring rolling products. Financial terms were not disclosed. "Maass’ market-leading positions in stainless and nickel alloys aligns well with AFG Holdings’ market leadership in carbon flanges, creating combined bundling opportunities through a unified supply chain while reducing costs for our customers," Joe Jenkins, AFG Aero-Industrial Group President.
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