Tuesday 5 March 2019

Sage Metals acquires Jayco, forging North American capabilities

KUALA LUMPUR, March 1 (Bernama) -- Sage Metals Private Limited (Sage), a manufacturer of speciality metal products has acquired Jayco Manufacturing, LLC (Jayco).
According to Sage chief executive officer (CEO), R. Krishnan, Jayco will enhance Sage’s process and marketing capabilities to service its customers in North America.
He said the rich experience of Jayco’s CEO and founder, Kevin Maynard, would be of immense value to Sage, in pursuing its growth objectives in North America in the coming years.
The acquisition will combine both companies and continue to serve customers as leading global supply chain partner with expanded product offerings and manufacturing capabilities.
Based in Grand Prairie, Texas, Jayco engages in the assembly, integration and production of precision custom metal-formed components for a variety of manufacturers primarily based in North America, operating in industrial and consumer end markets.
Sage is a portfolio company of Delos Capital, a lower middle market private equity firm specialising in management buyouts, recapitalisations and growth investments. More details available at http://deloscap.com.

-- BERNAMA

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