Announced
Completed
Financials
Sources
Tags
Acquisition
Cross Border
Private
Private Equity
Completed
manufacturing
aluminum
Aluminium
Majority
Friendly
Single Bidder
United States
Synopsis
KPS-backed Metra, a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, completed the acquisition of Extruded Aluminum, a manufacturer of custom extruded aluminum profiles and related value-added fabrication. Financial terms were not disclosed. “The acquisition of EAC marks a significant milestone for Metra as it accelerates our geographic expansion within North America and continues our end-market diversification strategy, including entry into the high growth North American utility grade solar industry. We are very impressed by EAC’s technical expertise and manufacturing capabilities, in addition to its commitment to providing customers with premier quality and service. Furthermore, the acquisition of EAC will significantly enhance the combined business’ presence in North America and will allow each business to leverage the combined platform’s technical capabilities and asset base in order to best serve our global customer base. We are pleased to welcome the entire EAC team into Metra as we continue to build an industry leader in the global extruded aluminum market,” Enrico Zampedri, Metra CEO.
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