AMG Advanced Metallurgical Group Completes Sale of 40 % Equity Stake in AMG Graphite Kropfmühl
The transaction was completed on 30 March 2015, with cash received from Escrow on 2 April 2015. AMG is a global critical materials company at the forefront of CO2 reduction trends. AMG produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the aerospace, infrastructure, energy, and specialty metals and chemicals end markets. AMG produces aluminum master alloys and powders, titanium alloys and coatings, ferrovanadium, natural graphite, chromium metal, antimony, tantalum, niobium and silicon metal. AMG Engineering designs and produces vacuum furnace equipment and systems used to produce and upgrade specialty metals and alloys for the aerospace, automotive, infrastructure, and energy markets. With approximately 3000 employees, AMG operates globally with production facilities in Germany, Great Britain, France, Czech Republic, USA, China, Mexico, Brazil and Sri Lanka, and has sales and customer service offices in Russia and Japan.