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New Deal


Announced

Completed

AFG Holdings completed the acquisition of Maass Flange.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Friendly

Private

flanges manufacturing

United States

Completed

Acquisition

Majority

nickel

Machinery: Industrial

Diversified Materials

Synopsis

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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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