The Watermill Group private equity firm has acquired Experi-Metal Inc., provider of metal-formed parts and assemblies to automakers, to complement a similar supplier it purchased in 2015.

Experi-Metal of Sterling Heights, Michigan, provides prototyping and complex metal-formed parts—formed by bending and reshaping metal—for customers in the auto and aerospace industries. Quality Metalcraft, the Livonia, Michigan, company acquired by Watermill about one year ago, is a niche provider of highly engineered metal-formed assemblies used by automobile, aerospace and defense, heavy trucking and construction equipment manufacturers.

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