KPS Capital Partners acquires extruded aluminium manufacturer Metra Holding S.p.A. and Metra S.p.A

KPS Capital Partners (KPS) has acquired Metra Holding S.p.A. and Metra S.p.A., (collectively "Metra"). The company purchased Metra, a producer of extruded aluminium, from Highlander Partners.

KPS also acquired Profile Custom Extrusions, LLC ("Profile"), a U.S. manufacturer of extruded aluminum. Both the companies will be combined to form a leading, global extruded aluminum profile platform with presence across both Europe and North America.

Metra manufactures extruded aluminum profiles for industrial and building & construction end-markets across Europe and North America.  

Pierre de Villeméjane, a Partner of KPS Mid-Cap Investments ("KPS Mid-Cap"), said, "By combining Metra and Profile, we will create a robust global extruded aluminum platform with an unparalleled reputation for reliability, superior quality and customer service.  The strategic and industrial logic of combining Metra and Profile is compelling, as the transaction allows Metra to continue to expand its presence in new end-markets and provides a foothold for future acquisition opportunities in North America.  We look forward to continuing to rapidly grow the combined business both organically and through a global acquisition strategy." 

Enrico Zampedri, Chief Executive Officer of Metra, said, "The acquisition of Profile is an important step in Metra's continued geographic expansion and diversification.  We are very impressed by Profile's manufacturing capabilities and the strength of its relationships with customers.  Furthermore, the acquisition of Profile will significantly enhance the combined business' presence in North America and will provide the opportunity to share best practices across the two businesses that will result in better quality and service to our customer base.  We are excited to work collaboratively with the Profile team to continue to build a best-in-class global extruded aluminum manufacturer."

Profile offers a variety of custom extruded aluminum profiles to diverse end-markets including residential and commercial construction, HVAC, hurricane protection, transportation, electrical and marine.  

David Newby, President of Profile, said, "The real winners of this combination are the customers of Profile and Metra.  Our customers will now have access to the strengths of both businesses as we combine the very best manufacturing processes, products and services across a global manufacturing footprint.  We remain committed to providing the world-class quality, delivery and customer service that Profile is known for throughout the industry as we embark on this new and exciting phase at Profile.  The entire Profile management team is excited to operate under KPS and Metra's ownership to continue to build upon our long and successful history."