Law360, New York (May 15, 2012, 5:30 PM ET) -- New York private equity firm KPS Capital Partners LP extended its six-month buying spree with a deal to acquire the largest independent iron foundry in the world from German materials and technology conglomerate ThyssenKrupp AG, according to an announcement Tuesday.
The deal gives a newly formed KPS company, W Foundry International Inc., and its affiliates all the outstanding shares of Wisconsin-based ThyssenKrupp Waupaca Inc., according to the private equity firm and ThyssenKrupp.
The companies did not disclose the price of the foundry, which posted nearly $1.48...
Paul Weiss Pilots KPS' ThyssenKrupp Foundry Buy
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