Sage Metals acquires Jayco Manufacturing
2 March 2019
Delos Capital ("Delos")'s portfolio company and Sage Metals Private Limited ("Sage"), a leading specialty metal products manufacturer, announced the acquisition of Jayco Manufacturing , LLC ("Jayco").
Headquartered in Grand Prairie, Texas, Jayco is engaged in the assembly, integration and production of precision-customized metal-formed parts for a wide range of North American manufacturers in the industrial and consumer end markets.
The combined company will continue to serve as a premier global supply chain partner to serve customers and expand their product portfolio and production capabilities.
Sage CEO R. Krishnan said: "Sage is excited about this acquisition. Jayco will strengthen our manufacturing and marketing capabilities to serve our North American customers. Jayco's Kevin Maynard has extensive experience and will pursue Sage for the next few years. The North American growth goals bring great value."
Jayco CEO and founder Kevin Maynard said: "Jayco is excited to join Sage, a global leader in metalworking, machining and casting. They will bring unique features that our competitors in the domestic market do not have. Advantages: Combining its product portfolio and customers with our current customer base and production strength, we will lead the industry to the future."
About Delos Capital
Founded in 2013, Delos Capital is a mid- to low-end private equity firm specializing in management buyouts, capital restructuring and growth investments.
Disclaimer: The original version of this announcement is an officially licensed version. The translation is for your convenience only. Please refer to the original text. The original version is the only legally valid version.