KPS Capital Partners, LP signed a definitive agreement to sell its portfolio company Metra to Grupa Kęty S.A., a Polish aluminum extrusion and architectural systems group, for €645 million.
“Our partnership with KPS was exceptional,” said Enrico Zampedri, chief executive officer of Metra. “KPS recognized the underlying potential of Metra and actively supported the entire leadership team through a significant business transformation over the past five years. Under KPS’ ownership, Metra significantly improved its market positioning in the extrusion sector by investing tremendous resources in our workforce and operations, focusing on manufacturing excellence and providing world-class product quality and support to our customer base. We thank our customers, suppliers and employees for their contributions to our success.”
Metra is a leading global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding, and assembly. The company offers a full range of extruded aluminum profiles, which are used primarily in rail, industrial, and building and construction end-markets across Europe and North America. Metra is headquartered in Rodengo Saiano, Italy, and has nine global manufacturing facilities and approximately 1,400 employees.
KPS acquired Metra in July 2021. KPS and Metra’s management team successfully transformed the company into a leading global aluminum extrusion solutions provider by capitalizing on its extensive technical, operational and value-added services capabilities. Metra’s management team successfully executed an aggressive organic and inorganic growth strategy to expand in high-growth geographies and end-markets. Under KPS’ ownership, the company made significant investments in the Metra platform, including completing five highly synergistic add-on acquisitions, investing in new press and value-added services capabilities and expanding manufacturing capacity, and instilling a culture of operational excellence throughout the company’s global operations.
“The success of our investment in Metra exemplifies the KPS investment strategy of seeing value where others do not, buying right and making businesses better, across economic and business cycles, geographies, and industries,” said Pierre de Villeméjane, a partner of KPS Mid-Cap Investments. “We are proud of Metra’s extraordinary transformation under our ownership. Metra demonstrates our ability to partner with extraordinary management teams to build industry-leading manufacturing companies on a global basis. We view the Company’s success as a direct result of KPS’ commitment to, and investment in, Metra’s operations, strategic growth initiatives and its people… Metra is well-positioned for continued growth and industry leadership under Grupa Kęty’s ownership.”
Grupa Kęty, headquartered in Kęty, Poland, is a leading producer of aluminum profiles and components for a variety of applications such as facade systems, doors and windows, internal structures, external aluminum roller shutters, and roller gates for construction markets. It also produces and sells pergolas, external blinds, awnings, reflex screens, and sunbreakers in addition to printed flexible packaging and BOPP films for food manufacturers and other sectors.
Zampedri added, “The transformation of Metra under KPS’ ownership has been recognized by Grupa Kęty, and Metra expects to continue its positive trajectory as an integral part of Grupa Kęty. On behalf of the entire Metra management team, we are extremely excited about Metra’s future under Grupa Kęty’s ownership. This combination will provide additional scale, technical depth, value-added services capabilities, and a broader global footprint to allow the combined company to better serve our customers. We are eager to embark on our next chapter of growth with the Grupa Kęty team.”
Completion of the transaction is expected in the fourth quarter of 2026 and is subject to customary closing conditions and approvals.