# Sankyo Tateyama subsidiary STEP-G to acquire casting business from Aluwerk Hettstedt

STEP-G, a subsidiary of Sankyo Tateyama, signed agreements to acquire the casting business of Aluwerk Hettstedt GmbH and related distribution activities of RMG Metallfachhandel GmbH in Germany. The deal is expected to close on July 1, 2019, and will strengthen supply capabilities for automotive, aerospace, and rail segments.

- Type: Acquisition
- Announced: 2019-03-29
- Where: Hettstedt, Germany, Germany
- Status: announced
- Capacity: 20,000 tons per year
- Products: aluminium cast billets, extrusion profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sankyo Tateyama](https://endata.com/companies/37282.md) (acquirer)
- [ST Extruded Products Group](https://endata.com/companies/37956.md) (partner)
- [Aluwerk Hettstedt](https://endata.com/companies/38317.md) (target)
- [RMG Metallfachhandel](https://endata.com/companies/38318.md) (target)

## Sources

- [st-grp.co.jp](https://www.st-grp.co.jp/english/news/news20190329.html), 2019-03-29: "By adding advanced casting technology specialized in medium and hard alloys of AWH, STEP-G aims to strengthen the supply capabilities for automotive, aerospace and rail segments which STEP-G focuses on."
- [privateequitywire.co.uk](https://www.privateequitywire.co.uk/arqis-advises-sankyo-tateyama-acquisition-foundry-business-aluwerk-hettstedt-and/), 2019-04-09: "With the acquisition of AWH and RMG, Sankyo Tateyama enables its subsidiary ST Extruded Products Group (STEP-G) to strengthen its supply capabilities in the automotive, aerospace, and rail sectors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.