Metra Group is a global manufacturer of complex extruded aluminum profiles, with nine production plants located in Italy, Canada, and the U.S. Recently, the company reaffirmed its presence in North America through the formation of a new business unit, Metra North America. The new unit was formed through the acquisition and merger of three premier […]
Extruded Aluminum Corporation (EAC), based in Belding, MI, has achieved two significant milestones over the past year. The company completed the installation and startup of its fifth extrusion press line, enabling it to produce larger sizes and expand to better serve its customer base. In addition, EAC was acquired by Metra S.p.A., a leading global […]
KPS Capital Partners acquired Profile Custom Extrusions, LLC from Highlander Partners, L.P. In addition, KPS recently completed its acquisition of Metra Holding S.p.A. and Metra S.p.A. in Italy. Profile and Metra will be combined to form a leading, global aluminum extrusion platform with a strong presence across both Europe and North America. “We are very appreciative of […]
KPS Capital Partners, LP signed a definitive agreement to acquire Metra Holding S.p.A. and Metra S.p.A., a global manufacturer of extruded aluminum. The Bertoli, Giacomelli, Marinelli, and Zanetti families, the selling shareholders of Metra, will retain 25% ownership of the company. KPS is significantly expanding its assets in the aluminum sector. This year, the company has […]
Norsk Hydro ASA entered into an agreement to sell its Hydro Rolling business to KPS Capital Partners for €1.380 billion (approximately US$1.67 billion) on an enterprise value basis. “Hydro launched a strategic review of our Rolling business area in 2019, along with other strategic measures towards profitability and sustainability,” said Hilde Merete Aasheim president and […]
