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

Nippon Express Holdings Acquires Metro Supply Chain Group for Up to CAD 2.2B

April 17, 2026

Transportation

Nippon Express Holdings (NX Group) agreed to acquire all shares of Metro Supply Chain Group Inc., a Montreal-headquartered third-party logistics (3PL) provider, in a deal valued at CAD 1.8 billion enterprise value plus potential earnout payments up to CAD 400 million. The transaction is expected to close in the coming months, subject to regulatory approvals. NX Group expects the acquisition to expand its North American footprint and enhance end-to-end logistics capabilities while Metro keeps its Montreal HQ and management team.

Metra S.p.A. Acquires Extruded Aluminum Corporation (EAC)

October 6, 2023

Manufacturing

Metra S.p.A., a portfolio company of KPS Capital Partners, completed the acquisition of Extruded Aluminum Corporation (EAC), a U.S. manufacturer of custom extruded aluminum profiles and value‑added fabrication, assembly and finishing services. EAC operates two facilities in Belding and Kentwood, Michigan with approximately 170 employees; the deal advances Metra's North American expansion and end‑market diversification, including entry into utility‑grade solar.

METRA Industry Acquires Rustici S.p.A.

September 21, 2021

Manufacturing

METRA Industry completed the acquisition of Rustici S.p.A. (based in Pistoia) on 21 September. Rustici, a long-time supplier to railway OEMs of welded structural sub-assemblies from aluminium extrusions and laminates, strengthens METRA’s welding and assembly capabilities and broadens its value-added manufacturing offerings for industrial and building markets.

Contractors Steel (UPG Enterprises) Acquires Borrmann Metal Center

December 14, 2020

Industrial Services

Contractors Steel, part of Chicago-based UPG Enterprises LLC, has acquired Borrmann Metal Center, a 100+-year-old metal distributor based in Burbank, California. American Discovery Capital served as financial advisor to Borrmann; the acquisition expands Contractors Steel/UPG’s national footprint and broadens product offerings in structural and distribution products across California and Arizona.

Premier Steel Doors and Frames Acquires MegaMet Industries

October 5, 2020

Building Products

Premier Steel Doors and Frames has acquired MegaMet Industries, a Birmingham, Alabama-based manufacturer of specialty hollow metal doors (acoustic, blast-proof, ballistic and RF-shield). The deal, sourced and announced by OpenGate Capital, is an add-on to Premier within the S&G family of brands and expands Premier's product offering and capabilities across government, medical and commercial end markets; terms were not disclosed.

UPG Enterprises LLC Acquires Lexington Steel Corp.

September 22, 2020

Industrial Services

Chicago-based UPG Enterprises LLC has completed the acquisition of Lex Holding Co., which includes Lexington Steel Corp. and its affiliated logistics arm Douglass Logistics Inc. The deal expands UPG's Midwest metals service center footprint and enhances its flat-roll processing, logistics and distribution capabilities across additional states.