Nichols is a company of Altus Capital Partners II, an investment firm focused on middle market industrial companies headquartered in the US.
APG, based in Pennsylvania, USA, is a metal-forming technology company providing powder metal, high temperature stainless steel powdered metal, metal injection molding, and additive manufacturing (3D metal printing) components and assemblies and valve assemblies, the company said. It includes five manufacturing plants and more than 400 employees.
“The combination of Nichols’ industry experienced management team, APG’s management team, skilled workforce, and technical expertise, make us very excited about the growth possibilities of these businesses,” said Heidi Goldstein, partner at Altus.
