Monomoy to acquire Waupaca Foundry from Proterial.

Monomoy, a private equity firm, agreed to acquire Waupaca Foundry, an iron foundries company, from Proterial, a material manufacturer. Financial terms were not disclosed. “Waupaca Foundry is excited to start a new chapter with Monomoy, an experienced, operationally-focused investment group, to continue to invest and grow our commitment to our customers, suppliers, and employees. The Waupaca leadership team looks forward to a bright future and the opportunities that can stem from this partnership. We are thankful for Proterial’s support and welcome the resources and partnership Monomoy will bring. Together, we will focus on capitalizing on opportunities to expand and grow the business in a wide range of sectors in the Americas, including the automotive, industrial machinery, agricultural machinery, and construction machinery sectors, while building upon our legacy of success,” Michael Nikolai, Waupaca Foundry President, CEO, and COO.