M&A Deal Summary

Matalco Acquires Alexin

On January 29, 2018, Matalco acquired metals/mining company Alexin

Acquisition Highlights
  • This is Matalco’s 1st transaction in the Metals/Mining sector.
  • This is Matalco’s 1st transaction in the United States.
  • This is Matalco’s 1st transaction in Indiana.

M&A Deal Summary

Date 2018-01-29
Target Alexin
Sector Metals/Mining
Buyer(s) Matalco
Deal Type Add-on Acquisition

Target

Alexin

Bluffton, Indiana, United States
Alexin LLC is a producer of recycled aluminum logs, or secondary billet, which accounts for approximately 30% of all aluminum billet demand. Alexin will build an environmentally superior aluminum billet facility, employing state-of-the-art equipment and leading production processes, and will be the low-cost billet producer in its target market. Alexin was founded in 2007 and is based in Bluffton, Indiana.

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Buyer(S) 1

Buyer

Matalco

Brampton, Ontario, Canada

Category Company
Founded 2005
Sector Metals/Mining
DESCRIPTION

Matalco, Inc. is a producer of high-quality 6000 series aluminum billets for the aluminum extrusion and forging manufacturing industries. Matalco was founded in 2005 and is based in Brampton, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1