Hitachi Metals to acquire Waupaca Foundry in U.S. for $1.3 bln
August 19, 2014 at 11:54 AM EDT
NEW YORK, Aug 19 (Reuters) - Hitachi Metals Ltd, a producer of specialty steel and automotive parts, said on Tuesday it would acquire Waupaca Foundry Inc, the world's largest iron castings provider, from buyout firm KPS Capital Partners LP for $1.3 billion in cash.