Intermet acquires leading automotive suppliers

By Staff -- Purchasing, 1/13/2000

Intermet Corp. has entered into an agreement to purchase Ganton Technologies, Inc. and Diversified Diemakers, Inc. The Michigan-based Intermet entered the agreement with JJM, LLC, Gantec II, LLC, and Cerberus Institutional Partners. L.P. Ganton Technologies is a Wisconsin-based supplier of die-cast aluminum components to the automotive industry. Diversified Diemakers, based in Missouri, is a leading manufacturer of magnesium die-cast automotive components.

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