Metrika, a private equity firm, completed acquisition of a majority stake in Proterm Group, a company specialized in heat treatments of metals and complementary thermal processing activities. Financial terms were not disclosed. “This third transaction further confirms Metrika Fund’s ability to identify and execute transactions with strategic players in the Italian’s industrial fabric. Proterm stands out for its wide range of heat treatments – both on raw and processed metals – and for its high level of technical know- how, which over the years has allowed it to be one of the most recognized groups in Italy. Metrika will support Proterm to boost its organic growth and to exploit a targeted M&A strategy aimed at the consolidation of the Italian market, which is still very fragmented," Marco Giuseppini and Nicola Pietralunga, Metrika Founders.