TORONTO - Tritech Precision Inc.'s wholly owned subsidiary, Amcan Castings Ltd, has bought a 65 percent stake in Magal Industria e Comercio Ltda. from Mercedes-Benz do Brasil. Amcan will supply technology for Magal to produce large, complex automotive parts in both aluminum and magnesium alloys. The joint venture is Tritech's second international expansion this year. In July, it acquired 80 percent of Butler Manufacturing Inc., located in Birmingham, UK. Butler is a manufacturer of aluminum parts for the automotive industry.
GKN buys Rigby Metal
LONDON - GKN Sinter Metals has acquired Rigby Metal Components Ltd of Cleckheaton, West Yorkshire, UK. Rigby makes a range of pressed powder metal components for a variety of different products, including structural parts and bearings. GKN Sinter Metals, part of GKN plc, has operations in 10 countries.