Metalloy

Situation

Metalloy (the “Company”) is a manufacturer of cast aluminum engine components, primarily for the automotive and heavy truck industry. The Company has significant expertise in both sand and permanent mold casting.

Metalloy operates out of three locations for its foundry operations, and one facility for machining. The Company’s focus is on large castings for products such as engine intake manifolds.

Solution

Under its second-generation family leadership, the Company engaged Amherst to conduct a comprehensive analysis of strategic alternatives, followed by a competitive sale process.

Results

After several rounds of competitive bidding, Metalloy was sold to publicly-held Park-Ohio Holding Corporation.

Consistent with their objectives, the selling shareholders were able to maintain key management positions following the closing.