OpenGate Capital to acquire Extrusiones de Toledo from MCH.

OpenGate Capital, a private equity firm, agreed to acquire Extrusiones de Toledo, a specialty aluminium make-to-order parts manufacturer, from MCH, a private equity firm. Financial terms are not disclosed. The acquisition of Extrusiones de Toledo is related to the formation of a European group focused on the aluminium extrusion market including another company, Aluminium France Extrusion. Together, the business will be named Aluminium Solutions Group.