26. July 2021
US-Grede Announces Acquisition of Neenah Enterprises Inc.'s Commercial Vehicle Business, Select Industrial Book of Business and the Advanced Cast Products Division.
The acquisition further enhances the Grede platform and its commitment to growing while supporting its customer base
July 2021, Grede, a leading producer of highly engineered cast and machined iron components, signed a definitive agreement to acquire Neenah Enterprises Inc.'s (NEI) commercial vehicle business and the supporting capital assets, select portions of its industrial casting business and the Advanced Cast Products (ACP) business in Meadville, PA. The closing of the acquisition is expected to occur in Q3 2021. The terms of the transaction were not disclosed.