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V&A Capital Finalizes Sale of Precision Kidd Steel Co.
V&A Capital has completed the sale of its portfolio company, Precision Kidd Steel Co., Inc., to Jade Steel Group. Based in Aliquippa, PA, Precision Kidd Steel is a prominent producer of high-quality cold drawn steel products for various sectors, including automotive and medical industries. Founded in 1885, the company operates in Aliquippa and Clinton, PA.
During its ownership, V&A Capital invested in the company's development, enhancing technology and infrastructure to secure its position in the market. These efforts were crucial in transforming Precision Kidd into a major supplier.
Nicolò Vergani, Managing Partner at V&A, highlighted this as V&A's initial investment, which fueled the expansion of their portfolio. Precision Kidd overcame initial challenges, resulting in significant returns for investors.
R. H.
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