U.K. Forge Acquisition Creates One-Stop Shop
Independent Forgings and Alloys Ltd. (IFA) acquired Doncasters Precision Forge from the Doncasters Group and rebranded it as IFA Precision Forge. IFA manufactures high-integrity, open-die forged components for OEMs and Tier 1 suppliers within the aerospace, nuclear, power-generation and marine industries. The deal increased IFA’s site size threefold to 680,000 square feet and expanded its capabilities.
The acquisition has created a one-stop shop with open-die ring rolling, press forging, hammer forging, rotary forging, closed-die forging and extrusions at a single site in Sheffield. The deal also strengthens IFA’s position in the aerospace market.
IFA itself was formed following the acquisition of Doncasters’ open-die forge site in 2001. Now the two sites are rejoined as one company under the IFA banner.