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Classified in: Mining industry, Transportation, Business
Subject: TNM

BGL Announces the Merger of Vickers Engineering with Netform


Vickers is a premier supplier for original equipment manufacturers in the automotive industry

CHICAGO, April 18, 2024 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the merger of Vickers Engineering (Vickers), a leading provider of mission-critical, highly engineered metal components and assemblies for the automotive and industrial markets, with Netform, a leading manufacturer of advanced flow-formed and cold-formed components and assemblies primarily focused on transmission and propulsion applications. BGL's Automotive & Aftermarket and Metals & Advanced Metals Manufacturing teams exclusively advised Vickers Engineering in the transaction.

Vickers is a premier supplier for original equipment manufacturers in the automotive industry.

Headquartered in New Troy, Michigan, Vickers produces high-quality precision parts by leveraging its advanced robotics and automation capabilities to supply major Asian, European, and North American headquartered automotive OEMs, Tier 1 suppliers, and industrial companies. Vickers manages full non-ferrous and aluminum supply chains and serves as a one-stop shop for complex, tight-tolerance components for hybrid powertrains, electric vehicles, and driveline applications.

Netform, headquartered in Shelby Township, Michigan with two additional facilities in Ohio, is a portfolio company of Torque Capital Group. Its proprietary, highly engineered flow-formed and cold-formed products primarily serve transmission and propulsion applications in the automotive and truck markets.

The new partnership will allow Vickers to continue to leverage its advanced product capabilities and automated manufacturing processes across a larger, more diversified customer base. Vickers provides Netform with a diversified set of steel and aluminum processing capabilities as well as automation synergies, which will continue to support growth in the hybrid and EV markets.

BGL's Industrials group has extensive global transaction experience and domain knowledge across a broad range of industrial end markets. Our emphasis is on providing investment banking advisory services to middle-market companies that specialize in highly engineered and value-added products.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital marketsfinancial restructuringsbusiness valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, Los Angeles, and New York, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 35 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com

SOURCE Brown Gibbons Lang & Company


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