Private equity firm Platinum Equity has agreed to buy SCM Metal Products Inc. from Gibraltar Industries, Inc. SCM manufactures and distributes copper-based powder and pastes and copper oxide powders to a broad range of industries.
SCM has manufacturing facilities in Research Triangle Park, NC, and Suzhou, China.
This is a very exciting time for all of us at SCM,”said Barton White, president of SCM. “We expect to have additional resources to grow our business both organically and through M&A transactions. There are many opportunities for growth in the U.S., China and the other export markets SCM serves in the powder metallurgy, chemical, electronics and industrial markets.”
Platinum has a history in the metals business.
In August 2008 …
Platinum Equity Agrees to Buy SCM Metal Products
Private equity firm Platinum Equity has agreed to buy SCM Metal Products Inc. from Gibraltar Industries, Inc. SCM manufactures and distributes copper-based powder and pastes and copper oxide powders to a broad range of industries.
SCM has manufacturing facilities in Research Triangle Park, NC, and Suzhou, China.
This is a very exciting time for all of us at SCM,”said Barton White, president of SCM. “We expect to have additional resources to grow our business both organically and through M&A transactions. There are many opportunities for growth in the U.S., China and the other export markets SCM serves in the powder metallurgy, chemical, electronics and industrial markets.”
Platinum has a history in the metals business.
In August 2008 …
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