Exhibit News
AMG Expands Market Presence in North America
AMG Advanced Metallurgical Group N.V. is pleased to announce that ALD Vacuum Technologies of Hanau, Germany ("ALD"), has acquired the remaining 50% share of their joint venture company, ALD-Holcroft Co. Inc. ("ALD-Holcroft") of Wixom, MI, USA from AFC-Holcroft LLC ("AFC-Holcroft") of Wixom, MI, USA.
ALD-Holcroft, formed in 2005, acts as the exclusive sales agent for ALD's heat treatment product lines in the NAFTA region.