Brown Gibbons Lang & Company (BGL) has successfully facilitated a strategic merger between Vickers Engineering, a prominent provider of engineered metal components for the automotive and industrial sectors, and Netform, a specialist in advanced flow-formed and cold-formed components. This merger combines Vickers’ expertise in precision engineering and automation with Netform’s advanced component manufacturing for transmission and propulsion applications.
Headquartered in New Troy, Michigan, Vickers Engineering is renowned for its high-quality production of critical metal parts, utilizing sophisticated robotics and automation. Vickers serves major automotive OEMs and Tier 1 suppliers across Asia, Europe, and North America, offering comprehensive solutions in non-ferrous and aluminum supply chains. These capabilities are especially pivotal for hybrid powertrains, electric vehicles, and driveline systems.
Netform, based in Shelby Township, Michigan and operating additional facilities in Ohio, brings to the merger its proprietary technologies in flow-formed and cold-formed products. As a portfolio company of Torque Capital Group, Netform’s production focuses significantly on the automotive and truck sectors, targeting transmission and propulsion systems.
The merger is poised to create substantial operational synergies by integrating Vickers’ diverse steel and aluminum processing capabilities with Netform’s specialized manufacturing techniques. This partnership is expected to drive growth, particularly in the burgeoning markets for hybrid and electric vehicles (EVs). It allows Vickers to expand its reach across a more diversified customer base while maintaining its cutting-edge product capabilities.
BGL’s Automotive & Aftermarket and Metals & Advanced Metals Manufacturing teams played a crucial role in advising Vickers throughout this transaction. BGL’s Industrials group, known for its extensive global transaction experience and deep knowledge in highly engineered products, continues to support the growth of middle-market companies in these specialized sectors.
This merger is strategic for both entities as it not only enhances manufacturing capabilities but also aligns with industry trends towards more sustainable and advanced automotive technologies. The collaboration is set to foster innovation and efficiency, positioning the merged entity as a leader in the advanced manufacturing landscape.
The merger between Vickers Engineering and Netform marks a significant step in the evolution of component manufacturing for the automotive and industrial markets, promising enhanced technological integration and market expansion.
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