Metals & Mining M&A » By The Online Investor Staff, updated Fri., Feb. 3, 10:54 AM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #66. RTI International Metals, Inc. — Directed Manufacturing
Acquirer:
RTI International Metals, Inc. (RTI)
Acquiree:
Directed Manufacturing
Details:
RTI International Metals, Inc. (NYSE:RTI) announced today it has acquired Directed Manufacturing, Inc., a leader in Additive Manufacturing of metals and plastics for both commercial production and engineering development applications, for $23 million in cash. The transaction is expected to enhance RTI's ability to deliver advanced, cost-effective titanium and other advanced material solutions to customers in aerospace, medical device and other markets.
RTI International Metals is a holding company. Co. is a producer and supplier of titanium mill products and a manufacturer of fabricated titanium and metal components for the international aerospace, defense, energy, medical device, and other markets. Co. has two business segments: Titanium, which melts, forges, processes, produces, stocks, distributes, finishes, and facilitates delivery services of a range of titanium mill products; and Engineered Products and Services, which is comprised of companies with hard and soft-metal capabilities that form, extrude, fabricate, machine, additively manufacture, micro-machine, and assemble titanium, aluminum, and other metal parts and components.
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