Ulbrich Stainless Steels and Special Metals, Inc. acquires precision rolled strip operations from ATI Inc.
Nov 06, 2024•about 1 year ago
Acquiring Company
Ulbrich Stainless Steels and Special Metals
Acquired Company
ATI East Hartford Operations
Description
ATI Inc. (NYSE: ATI) has completed the sale of its precision rolled strip operations in New Bedford, Massachusetts and Remscheid, Germany to Ulbrich Stainless Steels and Special Metals, Inc. With this divestiture, ATI sharpens its focus on providing aerospace and defense customers with titanium, nickel, and alloyed products, while Ulbrich welcomes the precision rolled strip operations to its family, aiming to innovate and expand its offerings.
M&A Insights
Based on deal dataIntegration timeline
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Tech stack consolidation
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Post-acquisition investment
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