Meiser International Acquires The Expanded Metal Company

KPS Capital Partners Sells IKG to Meiser International and DUTCO

March 14, 2024

Manufacturing

KPS Capital Partners has agreed to sell its portfolio company IKG to an entity controlled by Meiser International GmbH and Dubai Transport Company LLC (DUTCO). IKG is a Houston-based North American manufacturer and fabricator of metal gratings, access infrastructure and fencing products with five manufacturing facilities across the U.S. and Mexico and approximately 350 employees; financial terms were not disclosed and closing is subject to customary conditions.

UPG Enterprises LLC Acquires Metalex, LLC (including Morton Rail Products division)

December 13, 2019

Manufacturing

Chicago-based UPG Enterprises LLC acquired Metalex, LLC — a North American manufacturer of perforated products, expanded metal, safety grating and related rail products — including its Morton Rail Products division. The deal adds product capabilities, two advanced facilities (including a site in San Luis Potosí, Mexico) and is intended to expand UPG's vertical integration, market access and manufacturing footprint.

International Wire Group Acquires EMS Elektro Metall Schwanenmühle

November 12, 2025

Manufacturing

International Wire Group (IWG), an Olympus Partners portfolio company, has acquired EMS Elektro Metall Schwanenmühle GmbH (EMS), a German manufacturer of customized high-current busbars with operations in Poland. The acquisition expands IWG’s European footprint and product capabilities across electrical infrastructure, data centers, battery storage, electric vehicles and renewables and complements IWG’s recent platform build-out including Hussey Copper.

Mayville Engineering Company Acquires Mid-States Aluminum

July 1, 2023

Manufacturing

Mayville Engineering Company, Inc. (MEC) completed the acquisition of privately held Mid-States Aluminum (MSA) on July 1, 2023. The purchase expands MEC’s capabilities into lightweight aluminum extrusion and fabrication, providing cross-selling opportunities and expected to be immediately accretive to earnings and free cash flow.

Power Grid Components Acquires Meister International

December 20, 2022

Industrial Services

Power Grid Components, Inc., a Shorehill Capital portfolio company, completed the acquisition of Meister International in November 2022. The add-on transaction expands Power Grid’s distribution of high- and medium-voltage insulators, bushings and related utility hardware and broadens its national product and customer reach; terms were not disclosed.

Kloeckner Metals Acquires Industrial Manufacturing Services

November 2, 2023

Manufacturing

Klöckner & Co, through its U.S. subsidiary Kloeckner Metals Corporation (KMC), has acquired Industrial Manufacturing Services (IMS), a Lancaster, South Carolina-based metal fabricator. IMS, which operates a single facility with about 100 employees and annual sales around USD 30 million, will expand KMC’s fabrication, welding and just-in-time warehousing capabilities across North America; financial terms were not disclosed.