Announced

Completed

Arlington Capital-backed Forged Solutions Group completed the acquisition of Steel Industries from AFGlobal.

Synopsis

Arlington Capital-backed Forged Solutions Group, a provider of complex, precision forged rings and closed die products, completed the acquisition of Steel Industries, a die forgings company, from AFGlobal, a provider of turnkey product and systems solutions for a variety of industries. Financial terms were not disclosed. “Frank and his management team at Steel Industries are the foundation for our North American operations. Steel brings industry-leading on-time delivery, quality performance, and expansive capabilities that enable our company to better serve our customers,” Ben McIvor, Forged Solutions President.

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