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On December 31, 2021, Busby Metals, Inc. and its affiliates (“Busby Metals” or the “Company”), a leading specialty distributor of high-performance copper-based alloys primarily to the aerospace industry, was acquired by Wieland Group (“Wieland”), one of the world’s leading suppliers of semi-finished copper and copper alloy products.
The Aerospace Defense and Government Services (ADG) M&A Practice of Kroll Corporate Finance served as the exclusive financial advisor to Busby Metals, Inc. in connection with the transaction.
"We are excited to be part of the Wieland Group given their deep expertise in copper alloy products as well as their extensive global presence, technical expertise and manufacturing and service capabilities. Kroll Corporate Finance was instrumental in advising us throughout the transaction process to this successful outcome,” said Carl Orr and John Harkin, owners of Busby Metals.
About Busby Metals, Inc.
Busby Metals is an industry-leading specialty distributor of high-performance copper-based alloys for the aerospace, oil & gas and industrial sectors. The Company holds one of the largest and most diverse in-stock inventory of specialized copper alloys, beryllium copper, aluminum bronze alloys, and various other high-performance metals. Founded in 1949, Busby Metals distributes its products domestically and internationally through warehouses located in New York, Texas, and United Kingdom. Hunton Andrews Kurth LLP served as legal counsel to Busby Metals.
About Wieland Group
Wieland is one of the world's leading suppliers of semi-finished copper and copper alloy products. With a global network of production sites, service, and trading companies, the company offers a broad product, technology, and service portfolio. From prototype to series production, Wieland develops solutions for automotive, electronics, refrigeration, air conditioning, and other industries. Wieland uses high-performance copper materials to drive the success of its B2B customers in future-oriented fields such as electromobility, connectivity, and urbanization. High technical competence, customer-oriented thinking, and sustainability determine their actions and have been the basis of the company's success since 1820. Keating Muething & Klekamp PLL served as legal counsel to Wieland.
Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.
Strategic and financial advisory for Aerospace Defense and Government Services clients worldwide.
Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions in the U.S., EMEA (Europe, the Middle East and Africa), Australia and Globally in 2023 according to LSEG (FKA Refinitiv).
Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.
Dedicated coverage and access to M&A deal-flow for financial sponsors.