Group M7-backed Metal7 completed the acquisition of Cast Corporation.

Group M7-backed Metal7, a designer and manufacturer of innovative products and equipment for primary industries, completed the acquisition of Cast Corporation, a designer and manufacturer of high-performance castings. Financial terms were not disclosed. "With a culture of innovation already well established within Group M7, the addition of Cast7 LLC will create synergies that will help us pursue our mission of increasing our clients' productivity while reducing their environmental footprint. With our expertise in international trade and financial capabilities, this transaction will allow Metal7 Inc. to develop markets around the world and accelerate the development of its range of solutions," Eric Martin, Group M7 President and CEO.