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Amer Metal/KRD

Based in Sturtevant Wisconsin, American Metal Technologies is a precision machining company primarily serving Tier 1 customers in the automotive, truck and off highway market segments.  Following continued growth in the business, the owners of the Company decided to pursue a vertical integration strategy that targeted manufacturers of high-pressure aluminum die castings.  American Metal Technologies (AMT) engaged Promontory Point Capital to explore growth and acquisition alternatives for their business which resulted in a plan to backward integrate through the evaluation of high-pressure aluminum die-casting companies.  PPC approached a number of acquisition candidates on behalf of AMT with a focus on casting companies that would benefit from AMT’s engineering expertise, customer relationships, and industry knowledge.  PPC identified and assisted AMT with the acquisition of Kotobuki Reliable Die Casting, a Japanese owned, high-pressure aluminum die-caster, located in Ohio.  The acquisition will allow AMT to have greater influence over the sourcing and quality of its aluminum casting requirements while improving their relationships with key customers. Beyond negotiating the deal’s economic terms and conditions for American Metal Technologies, PPC managed the entire financial due diligence and legal process through the successful closing of the transaction.