Metaldyne Inc. of the United States has announced the sale of its assets including the sintered products business to MD Investors. In the 363 US bankruptcy law auction, MD submitted the best bid.
MD Investors is a new company formed by Metaldyne's lender alliance, led by the Carlyle Group and Solus Alternative Asset Management LP. The Carlyle Group owns a stake in HCStarck, a German refractory metal and ceramic powder manufacturer.
Metaldyne's sintered products business includes powder metallurgy component manufacturing facilities in the United States, Mexico, Spain, China and Europe.
MD Investors is a new company formed by Metaldyne's lender alliance, led by the Carlyle Group and Solus Alternative Asset Management LP. The Carlyle Group owns a stake in HCStarck, a German refractory metal and ceramic powder manufacturer.
Metaldyne's sintered products business includes powder metallurgy component manufacturing facilities in the United States, Mexico, Spain, China and Europe.
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