(2011.6.22) PLC Melrose, headquartered in Edinburgh, UK, recently signed a formal acquisition agreement with Holdings Inc. KDI, a private holding group, to acquire Dynacast, a precision die casting production enterprise. The total amount of the acquisition will reach $. And the acquisition agreement was officially announced after the end of the other 6 potential buyers purchase intentions. Dynacast company's current Newman CEOSimon said it would retain the existing management team and maintain an independent operation.
Dynacast company in North America there are 6 offices or factories, including located headquartered in Charlotte, and located in the Illinois Elgin City, California in lake forest, Milwaukee, Wisconsin, and Lake Ontario Peterborough city and Mexico City 5 casting factory. In addition, the company also has 15 other companies throughout Europe and asia. Dynacast company mainly for medical equipment, electronic products, computers and equipment and automotive industry supply production of precision magnesium, aluminum, zinc die castings.
PLC Melrose company is in 2005 from the private equity group Cinven company acquired Dynacast company's operating rights, when the acquisition price of $70 million. (turn from CFA)
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