The PresMet Corporation retained Shields & Co. to identify a suitable acquirer to provide liquidity to the shareholders and enable the company to enhance its revenue growth and profitability. The sale process resulted in the acquisition of PresMet by GKN Sinter Metals, Inc., a wholly-owned subsidiary of UK-based GKN Plc, a global industrial company. Shields & Company was successful in negotiating and structuring a transaction that maximized shareholder value and positioned the Company for continued growth as a division of a global industrial supplier.
Shields & Company acted as a financial advisor to The PresMet Corporation in the above transaction.
