Metalsa finalises ISE Automotive acquisition

Date: 07 May 2013

Metalsa, S.A. de C.V., a subsidiary of Grupo Proeza, has announced the company has finalised its acquisition of ISE Automotive from Nordwind Capital. The terms of the agreement were not disclosed. The acquisition strengthens Metalsa’s position as a global supplier of structural components for the automotive and commercial vehicle markets and enhances the company’s strong operations and manufacturing capabilities with new processes and competencies. It includes eight manufacturing facilities and two engineering centers, bringing Metalsa’s global operational footprint to 16 countries and providing growth opportunities with several new customers. The integration also expands Metalsa’s business into new regions, including China, Hungary, Germany, Turkey and South Africa, and strengthens its presence in the United States. Integration of the two companies, which begins immediately, brings ISE Automotive’s robust product offering, including body and chassis structures and modules, hinges and transmission components and safety ROPS systems into Metalsa’s product portfolio, complementing its current business with automotive and commercial vehicle manufacturers. The integration will combine best practices from both organizations to serve Metalsa’s newly expanded customer base

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