The subsidiary of US-based Thunderbird Manufacturing LLC, Metal Impact East LLC has acquired the Luxfer Holdings PLC aluminium gas cylinders division.
Metal Impact affirms the acquisition of the manufacturing operations of Luxfer in Graham, North Carolina, as well as its range of products and services, ranks it as “one of the leading aluminium gas cylinder suppliers to the medical and healthcare industries.”
Phil Kretekos, President of Thunderbird, the parent company of Metal Impact, said: “As a Thunderbird company, Metal Impact is dedicated to growth - organically and through acquisitions.”
“This addition to our aluminium gas cylinders operations will assure the industries that rely on us that we have the best talent and resources to support the growing demand for our products and services. It also positions us to address individual needs and foster relationships on time like never before.”
The acquisition creates more than double the cylinder capacity and manufacturing footprint of Metal Impact, supporting a more extensive line of cylinders for a wide range of markets, including industrial, food and beverage, fire extinguishing, performance racing, SCUBA, and life support.
Metal Impact is a supplier of aluminium and steel impact extrusions and gas cylinders.
Kevin Prunsky, Chairman, Thunderbird, said: “Our commitment to continual improvement ensures we are a dependable, reliable supplier to the industries we serve.”
“With our expanding operations and depth of experience, we can support the growing demand for our products and services.
While filling the 8-K form to notify the investors, Luxfer Holdings PLC said: “The divesture is consistent with the company’s February 23, 2021 announcement that it intends to discontinue the majority of its aluminium operations.”
source https://www.alcircle.com/news/us-firm-metal-impact-acquires-luxfer-holdings-aluminium-gas-cylinder-division-63861
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