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Private equity firm MiddleGround Capital acquired majority ownership of Dura Automotive Systems, a global designer and manufacturer of automotive systems including mechatronics, lightweight structures and exterior trim.
Shiloh Industries entered into definitive agreements to acquire Brabant Alucast's facilities in Italy and Netherlands, expanding into aluminum and magnesium casting and stamping in Europe. The acquisition represents over $135 million in annualized sales and adds approximately 600 employees.