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SALE OF VARI-FORM'S CANTON OPERATIONS

VARI-FORM’S CANTON OPERATIONS HAVE BEEN ACQUIRED BY MARTINREA INTERNATIONAL


Birmingham, Michigan – April 24, 2019 – Angle Advisors is pleased to announce that Martinrea International Inc. (“Martinrea”) has acquired certain assets of the Canton, MS operations (the “Business”) from Vari-Form Inc. (“Vari-Form”). Angle Advisors acted as the exclusive investment banking advisor to Vari-Form in completing this transaction.


Based in Canton, MS, the Business is a supplier of hydroformed roof rails to Nissan, providing welding and assembly operations on a just-in-time basis.


Martinrea International Inc. (TSX: MRE) is a leader in the development and production of quality metal parts, assemblies and modules, fluid management systems, and aluminum products. Martinrea currently employs approximately 15,000 talented and motivated people in 45 operating divisions in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, Japan and China. Martinrea’s vision is making lives better by being the best supplier we can be in the products we make and the services we provide.  For more information, please visit www.martinrea.com.


Angle Advisors, with offices in the United States, Germany, the United Kingdom, and China, specializes in mergers and acquisitions and capital raising with a particular emphasis on the vehicular and industrial sectors. The firm’s professionals have completed 208 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.

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