NewsHK
Private equity capital has been flowing toward specialist aerospace and defense manufacturers as demand across the sector cycle puts pressure on supply chains built around precision processes.
Thrust Capital Partners, a Canadian firm that invests exclusively in aerospace and defense, has acquired Alphacasting Inc., a Quebec-based producer of precision titanium and aluminium investment castings.
The deal positions a dedicated sector fund as the owner of a niche manufacturer at the harder end of the metallurgical spectrum.
Alphacasting's position in the casting tier Alphacasting produces precision investment castings from titanium and aluminium for aerospace and defense customers.
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