Mayville Engineering completed the acquisition of Mid-States Aluminum for $96m.

Mayville Engineering, a provider of design, prototyping and manufacturing solutions serving diverse end-markets, completed the acquisition of Mid-States Aluminum, a manufacturer of custom aluminum extrusions and fabrications, for $96m. “MSA is an established provider of aluminum extrusions, whose history of growth and innovation, attractive margin profile, deep customer relationships and diverse end-markets are highly complementary to our existing business. Upon closing of the acquisition, MSA will be immediately accretive, excluding transaction costs, to MEC’s earnings per share, Adjusted EBITDA margin and free cash flow,” Jag Reddy, Mayville Engineering President and CEO.