February 2, 2009 – Tri Star Metals, LLC, today announced a strategic management buyout, in which certain existing shareholders along with an external partner having controlling interest – German-based high-performance stainless wire manufacturer, Hagener-Feinstahl – acquired Tri Star Metals from its three founding shareholders.
Hagener-Feinstahl is a high-performance wire manufacturer of stainless, corrosion and heat-resistant alloys. The company has been privately held by the Bender family for more than 75 years. Hagener-Feinstahl has production facilities in Germany, additional distribution centers in the U.K., Poland and Turkey, plus sales offices throughout the European continent. For more information, please visit http://www.hagener-feinstahl.de/.
Press Release:
Tri Star Metals Announces Strategic Management Buyout (15.1 KB)