Reuters reported that Ameriforge Group Inc., a U.S.-based manufacturer
of forged products, put itself on the block and hired investment bank Harris
Williams & Co. to advise on the process. Owned by Houston-based private
equity firm Tanglewood Investments, Ameriforge could reportedly be worth $750-800
million. Founded in 2002, Ameriforge is a forged-products subsystems- and
systems-integration company that provides customers with solutions for their
forged component, fabrication, sub-assembly and fully integrated systems needs.
The company provides product design and engineering, open- and closed-die
forging, and ring rolling to the aerospace, power-generation, oil and gas, transportation,
and industrial sectors. Ameriforge comprises 10 companies and 21 plants.
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