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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Hitachi Metals plans to sell AAP St. Marys to Kosei Aluminum · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Dec 20, 2018ACQUISITIONSt. Marys, United States

Hitachi Metals plans to sell AAP St. Marys to Kosei Aluminum

Hitachi Metals, parent of AAP St. Marys Corp., plans to sell the aluminum wheel manufacturing company to Kosei Aluminum of Japan. The sale is expected to occur March 1, 2019, with no layoffs planned.

Status

Announced

Capacity

3 million wheels per year

Productsaluminum wheels

CompaniesHitachi Metals, Ltd. partner AAP St. Marys Corp. target Kosei Aluminum acquirer

Sectors#Automotive Components

“the sale is expected to occur March 1.”dailystandard.com

1 source
dailystandard.comAAP sale to Kosei planned | The Daily Standard StoriesTom StankardDec 20, 2018

Summarized from public sources; check the original articles before acting on it.

More from Hitachi Metals, Ltd.

Oct 26, 2022ACQUISITIONJapan
Bain Capital-led consortium closes tender offer for Hitachi Metals
Bain Capital acquirer Japan Industrial Partners partner baincapital.com
Apr 29, 2021ACQUISITION$7.50B
Bain Capital to acquire Hitachi Metals for $7.5bn
Bain Capital acquirer Hitachi Metals, Ltd. target news.mergerlinks.com
Feb 19, 2021ACQUISITIONJapan
Mitsubishi Materials completes full acquisition of MOLDINO Tool Engineering
Mitsubishi Materials acquirer Hitachi Metals, Ltd. partner engineering-update.co.uk
Dec 21, 2018ACQUISITIONSt. Marys, Ohio, United States
Kosei acquires AAP St. Marys from Hitachi Metals
Hitachi Metals, Ltd. partner AAP St. Marys Corp. target mercercountyoutlook.net
Dec 26, 2017NEW FACILITYKadapa, Andhra Pradesh, Indiaops 26 Dec 2017
Shirdi Sai Electricals opens new transformer plant in Kadapa
Shirdi Sai Electricals Limited Hitachi Metals, Ltd. partner thehindubusinessline.com
Sep 27, 2017ACQUISITIONJapan$53.4M
Hitachi Metals to acquire full ownership of Hitachi Metals MMC Superalloy from Mitsubishi Materials
Mitsubishi Materials partner Mitsubishi Materials target proterial.com marketscreener.com

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