CHS Capital has sold KB Alloys to AMG Advanced Metallurgical Group
Lincoln International announced the sale of KB Alloys, LLC (“KB” or the “Company”), a portfolio company of CHS Capital LLC (“CHS Capital”), to AMG Advanced Metallurgical Group N.V. (“AMG,” EURONEXT AMSTERDAM: “AMG”). Lincoln International, a leading mid-market investment bank, acted as the exclusive financial advisor to KB, working directly with the Company and CHS Capital to complete the transaction.
KB is the market leader in the U.S. for the manufacture of aluminum master alloys and grain refiners with production sites in Kentucky and Washington. AMG, through its Advanced Materials division subsidiary London & Scandinavian Metallurgical Co. Limited, is the market leader in Europe and South America for aluminum master alloys, grain refiners and aluminum powder technologies with production sites in the United Kingdom and Brazil. Both companies have operations in China located in Jiangsu and Jiaxing provinces. Rick Malliris, CEO of KB stated that “the combination of KB and AMG will create the world’s largest provider of value added aluminum master alloys with the technical and operational expertise required to serve the global aluminum industry.” “This acquisition is a perfect example of industry consolidation improving the service to our customers on a truly global basis, enabling the economies of scale critical to our long term strategy.” stated Dr. Heinz Schimmelbusch, CEO of AMG.
The sale of KB builds on Lincoln International’s strong industrial sector experience and represents the sixth successful transaction with CHS Capital in the past five years. The cross border nature of the transaction utilized Lincoln International’s integrated, international team of M&A professionals.
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