Recently, investment-asset management firm Partners Group has successfully obtained the controlling stake in metal injection molding manufacturer Dynacast, and become the management team. This deal has a value of around 1.1 billion dollars, and is expected to be finished by February 2015.
Dynacast is a famous manufacturer of metal parts, using casing and metal injection molding as the core technology, and its products mainly are used in cars, communications, computers, consumer products, etc.
Partners Group acquired the stake from the quitted investors, allied with Kenner Company, and management team of Dynacast. As the deal is finished, they will promote the development of Dynacast together.
“Dynacast has a long and glorious history, and its own excellent technology, its own outstanding team, and will achieve much more in future.” Simon Newman, CEO of Dynacast said. “investment from Partners Group makes us be held with strategy and money, which will push Dynacast in a better period.