INDUSTRY news
Partners Group to Acquire Dynacast Zug, Switzerland-based Partners
Group, a global private markets invest- ment manager, has signed an agreement to acquire a controlling stake in Dynacast International, Charlotte, N.C., on behalf of its clients. T e transaction has an over- all enterprise value of $1.1 billion and is expected to close in February 2015. Founded nearly 80 years ago, Dyna-
cast International is a global manufactur- er of small, complex metal components. T e company uses proprietary precision diecasting and metal injection molding (MIM) technologies to produce custom, high volume components with intricate shapes and tight tolerances. Dynacast has 23 manufacturing plants in 16 countries worldwide, which serve a diverse client base including blue-chip customers across the automotive, telecommunica- tions, computing, consumer electronics and healthcare industries. Dynacast was acquired in 2011 by a consortium of investors includ-
ing Izurium Capital Management, W Capital Partners, Laurel Crown Partners, Kenner & Company, Babson Capital Management, Macquarie Capital and certain members of management. Since its acquisition in 2011, Dynacast has experienced considerable growth and has expanded its footprint and penetrated new markets with its broad range of product off erings while strengthening its product portfolio with its recent acquisi- tion of Kinetics Climax Inc. Partners Group is acquiring Dynacast
from exiting fi nancial investors and is joined in the acquisition by Kenner & Company, an existing shareholder, and the company’s management team, which will both roll over signifi cant equity stakes into the new transaction. Follow- ing the close of the acquisition, Partners Group and Kenner & Company will work with Dynacast’s management team to support the company in the next phase of its global growth plans.
Brembo to Build New Plant in Mexico Brembo will build a metalcasting
facility and new plant for aluminum cali- pers in Escobedo, Nuevo Leon, Mexico. T e plant is expected to commence initial production in 2016 and be fully operational by the end of 2018. Brembo’s total investment in the facility from 2015 through 2017 will be $39 million. T e metalcasting facility will have
a melting capacity of 14,000 tons, and the machining facility will be capable of producing two million aluminum calipers per year. Once fully operational, the plant will cover 334,000 sq. ft., create approxi- mately 500 new jobs and bring $120 mil- lion of turnover per year to the group. T e production from the plant will be destined for European, Asian and American original equipment manufac- turers (OEMs) currently manufacturing or planning future manufacturing in Mexico, as well as those OEMs purchas- ing Brembo’s products in the U.S.
R
World Class Foundries Serving All Industries Since 1926
If you are looking for high quality castings, reliable service and extra value for your money, partner with a Meehanite foundry. You’ll be work- ing with knowledgeable experienced casting engineers who can help you achieve the right solutions no matter how complex the casting, large or small, or how demanding the application or specification may be.
26 Different Meehanite Metals Meehanite specifications cover a whole range of cast irons from easily machinable grades to high strength ductile irons. Select the type of Meehanite best suited to your application on the basis of metallurgical structure and physical property values.
R
• Heavy-Duty Applications Austempered Ductile Iron
• General Engineering Applications Flake Graphite and Nodular Types
• Heat-Resisting Applications • Wear-Resisting Applications • Corrosion Resisting Applications
Mee_pumpAd half pg
5-13.indd 1
Order our in-depth Meehanite Handbook on CD and have Meehanite process info a click away!
Just visit
www.meehanitemetal.com or call 262-240-0210
Find out what a Meehanite Foundry can do for you.
Jan/Feb 2015 | METAL CASTING DESIGN & PURCHASING | 9 5/16/13 11:37 AM
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60