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KME Special Products GmbH & Co. KG agreed to acquire KME Group's aerospace specialty metals business, including cunova and KME Aerospace, from KME Group S.p.A. The enterprise value is approximately 9.4 times cunova's pro forma 2023 Adjusted EBITDA of $78 million.
KME Special Products GmbH & Co. KG, through its subsidiary KME Special Products America Inc., acquired Roser Technologies Inc. (RTI) on January 1, 2022. RTI is a provider of continuous caster maintenance services to steel producers, based in Titusville, Pennsylvania.