# Keystone Powdered Metal and Engineered Sintered Components to merge

Keystone Powdered Metal Company and Engineered Sintered Components Company, both affiliates of Sumitomo Electric Industries, announced plans to merge. The merged entity will retain the Keystone Powdered Metal Company name.

- Type: Acquisition
- Announced: 2022-03-02
- Where: United States
- Status: announced
- Products: powder metal components for outdoor power equipment, automotive, and industrial equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sumitomo Electric Industries](https://endata.com/companies/16532.md) (investor)
- [Sumitomo Electric Industries](https://endata.com/companies/16532.md) (target)
- [Keystone Powdered Metal Company](https://endata.com/companies/61396.md) (target)

## Sources

- [ope-plus.com](https://ope-plus.com/2022/03/02/engineered-sintered-components-company-keystone-powdered-metal-company-to-merge/16000/), 2022-03-02: "The synergies of the two companies led us to the decision to pursue the merger."

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