KPS Capital Partners LP has completed the acquisition of extruded aluminum manufacturers Metra Holding SpA and Metra SpA. KPS also completed its acquisition of US manufacturer of extruded aluminum Profile Custom Extrusions LLC from Highlander Partners LP. Metra and Profile will be combined to form a leading, global extruded aluminum profile platform with a strong presence across both Europe and North America.Metra is a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly. Metra offers a full range of extruded aluminum profiles, which are used primarily in the industrial and building & construction end-markets across Europe and North America. Metra is headquartered in Rodengo Saiano, Italy, with five strategically located manufacturing facilities across Italy and Canada.Profile is a US manufacturer of custom extruded aluminum profiles and related value-added services including painting, anodizing, thermal break and precision cutting. Profile provides a variety of custom extruded aluminum profiles to diverse end-markets including residential and commercial construction, HVAC, hurricane protection, transportation, electrical and marine. Profile operates one strategically located manufacturing facility in Rome, GA. Financial terms of the transaction were not disclosed. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to KPS for the acquisition of Profile. Fidus Partners, LLC served as financial advisor and Foley & Lardner LLP served as legal counsel to Highlander Partners LP for the sale of Profile.
KPS Capital Partners LP has completed the acquisition of extruded aluminum manufacturers Metra Holding SpA and Metra SpA. KPS also completed its acquisition of US manufacturer of extruded aluminum Profile Custom Extrusions LLC from Highlander Partners LP. Metra and Profile will be combined to form a leading, global extruded aluminum profile platform with a strong presence across both Europe and North America.Metra is a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly. Metra offers a full range of extruded aluminum profiles, which are used primarily in the industrial and building & construction end-markets across Europe and North America. Metra is headquartered in Rodengo Saiano, Italy, with five strategically located manufacturing facilities across Italy and Canada.Profile is a US manufacturer of custom extruded aluminum profiles and related value-added services including painting, anodizing, thermal break and precision cutting. Profile provides a variety of custom extruded aluminum profiles to diverse end-markets including residential and commercial construction, HVAC, hurricane protection, transportation, electrical and marine. Profile operates one strategically located manufacturing facility in Rome, GA. Financial terms of the transaction were not disclosed. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to KPS for the acquisition of Profile. Fidus Partners, LLC served as financial advisor and Foley & Lardner LLP served as legal counsel to Highlander Partners LP for the sale of Profile.