M&A Deal Summary

RTI International Metals Acquires Osborn Steel Extrusions

On October 1, 2013, RTI International Metals acquired metals/mining company Osborn Steel Extrusions from Osborn Metals Limited for 15M USD

Acquisition Highlights
  • This is RTI International Metals’ 2nd transaction in the Metals/Mining sector.
  • This is RTI International Metals’ 5th largest (disclosed) transaction.
  • This is RTI International Metals’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2013-10-01
Target Osborn Steel Extrusions
Sector Metals/Mining
Buyer(s) RTI International Metals
Sellers(s) Osborn Metals Limited
Deal Type Divestiture
Deal Value 15M USD

Target

Osborn Steel Extrusions

Bradford, United Kingdom
Osborn Steel Extrusions Ltd. specializes in the manufacture of less than 6 inch diameter extruded titanium and stainless steel hollows and near-net shape profile parts. It provides its products principally to commercial aerospace, energy, power generation and defense market customers.

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Buyer(S) 1

Buyer

RTI International Metals

Pittsburgh, Pennsylvania, United States

website


Category Company
Founded 1951
Sector Metals/Mining
Employees2,437
Revenue 783M USD (2013)
DESCRIPTION

RTI International Metals, Inc. is a provider of titanium and specialty metals products and services to commercial aerospace, defense, energy, medical device and other customers. RTI has been taking titanium further through advanced manufacturing, engineering, machining, and forming processes. RTI delivers titanium mill products, extruded shapes, formed and 3D-printed parts, and highly engineered precision-machined components through its downstream integrated supply chain.


DEAL STATS #
Overall 4 of 6
Sector (Metals/Mining) 2 of 2
Type (Divestiture) 2 of 2
Country (United Kingdom) 2 of 2
Year (2013) 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-13 Remmele Engineering

New Brighton, Minnesota, United States

Remmele Engineering, Inc. is a provider in the design and production of highly engineered, precision-manufactured components and complex automated assembly systems. Remmele Engineering has grown to become a provider of highly complex and close tolerance parts, tooling and assembly systems for some of the largest companies in the pharmaceutical, medical, aerospace and defense industries.

Buy $182M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-22 Directed Manufacturing

Austin, Texas, United States

Directed Manufacturing, Inc. is an additive manufacturer of metals and plastics for both commercial production and engineering development applications.

Buy $23M

Seller(S) 1

SELLER

Osborn Metals Limited

United Kingdom

website


Category Company
Sector Metals/Mining
DESCRIPTION

Osborn is a specialist in providing complex near net shapes in steel as well as being a world leader in strata control technology.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1