Torque Capital completed the acquisition of Metal Forming & Coining.

Torque Capital, a private equity firm, completed the acquisition of Metal Forming & Coining, a manufacturer of advanced, highly engineered flow-formed and cold-formed components and assemblies, primarily serving transmission and propulsion applications in the automotive and truck markets. Financial terms were not disclosed. "For nearly seventy years, MFC / Netform has had a reputation as a leading, differentiated supplier to the transportation markets. In an industry focused on price, MFC / Netform has thrived given its ability to consolidate manufacturing processes, eliminate waste and reduce costs for its blue-chip customer base. We are excited to partner with this talented team and support the company in its next phase of growth," Terry Culmone, Torque Capital Partner.