KPS CAPITAL PARTNERS TO SELL METRA TO GRUPA KĘTY S.A. FOR €645 MILLION
NEW YORK, Sept. 14, 2026 /PRNewswire/ — KPS Capital Partners, LP (“KPS”) announced today that it has signed a definitive agreement to sell its portfolio company Metra (the “Company”) to Grupa Kęty S.A. (“Grupa Kęty”, WSE: KTY), a Warsaw-listed Polish industrial group operating in the global aluminum extrusion, architectural and sun protection systems, and flexible packaging industries, for €645 million. Completion of the transaction is expected in the first quarter of 2027 and is subject to customary closing conditions and approvals.
Metra is a leading global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly. The Company offers a full range of extruded aluminum profiles, which are used primarily in rail, industrial and building & construction end-markets across Europe and North America. Metra is headquartered in Rodengo Saiano, Italy, and has nine global manufacturing facilities and approximately 1,400 employees.
KPS acquired Metra in July 2021. KPS and Metra’s management team successfully transformed the Company into a leading, global aluminum extrusion solutions provider by capitalizing on its extensive technical, operational and value-added services capabilities. Metra’s management team successfully executed an aggressive organic and inorganic growth strategy to expand in high-growth geographies and end-markets including rail, energy distribution and building & construction. Under KPS’ ownership, the Company made significant investments in the Metra platform, including completing five highly synergistic add-on acquisitions, investing in new press and value-added services capabilities and manufacturing capacity expansions, and instilling a culture of operational excellence throughout the Company’s global operations.
Pierre de Villeméjane, a Partner and Co-Head of KPS Mid-Cap Investments, said, “The success of our investment in Metra exemplifies KPS’ investment strategy of seeing value where others do not, buying right and making businesses better, across economic and business cycles, geographies and industries. We are proud of Metra’s extraordinary transformation under our ownership. Metra demonstrates our ability to partner with world-class management teams to build industry-leading manufacturing companies on a global basis. We view the Company’s success as a direct result of KPS’ commitment to, and investment in, Metra’s operations, strategic growth initiatives and its people.”
Mr. de Villeméjane added, “We congratulate and thank Enrico Zampedri, Metra’s Chief Executive Officer, along with the Company’s senior leadership team and the entire organization, for their strategic vision and tremendous execution, which resulted in the Company’s significant value creation under our ownership. Metra is well-positioned for continued growth and industry leadership under Grupa Kęty’s ownership.”
Enrico Zampedri added, “Our partnership with KPS was exceptional. KPS recognized the underlying potential of Metra and actively supported the entire leadership team through a significant business transformation over the past five years. Under KPS’ ownership, Metra improved its market positioning in the extrusion sector by investing material resources in our workforce and operations, focusing on manufacturing excellence and providing world-class product quality and support to our customer base. We thank our customers, suppliers and employees for their contributions to our success. Metra expects to continue its positive trajectory as an integral part of Grupa Kęty. On behalf of the entire Metra management team, we are extremely excited about Metra’s future under Grupa Kęty’s ownership. This combination will provide additional scale, technical depth, value-added services capabilities and a broader global footprint to allow the combined Company to better serve our customers. We are eager to embark on our next chapter of growth with the Grupa Kęty team.”
Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel and BofA Securities and Barclays Capital Inc. served as financial advisors to KPS and Metra.
About Metra
Metra is a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly. The Company offers a full range of extruded aluminum profiles, which are used primarily in rail, industrial and building & construction end-markets across Europe and North America. Metra is headquartered in Rodengo Saiano, Italy, with nine global manufacturing facilities and has approximately 1,400 employees. More information can be found at www.metra.eu/en.
About KPS Capital Partners, LP
KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $19.1 billion of assets under management (as of June 30, 2026). For over three decades, the Partners of KPS have worked vigorously to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. KPS seeks to create value for its investors by working constructively with talented management teams to make businesses better, and generate investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The KPS Funds’ portfolio companies currently generate aggregate annual revenues of approximately $26.1 billion, operate 277 manufacturing facilities in 25 countries, and have approximately 62,000 employees, directly and through joint ventures worldwide (as of June 30, 2026). The KPS investment strategy and portfolio companies are described in detail at www.kpsfund.com.
KPS Mid-Cap targets the same type of investment opportunities and utilizes the same investment strategy that KPS’ flagship funds have employed for over three decades. KPS Mid-Cap aims to leverage and benefit from KPS’ global platform, reputation, track record, infrastructure, best practices, knowledge and experience. The KPS Mid-Cap investment team is managed by Partners Pierre de Villeméjane and Ryan Harrison, who lead a team of experienced and talented professionals.
About Grupa Kęty S.A.
Headquartered in Kety, Poland, Grupa Kęty is a publicly-listed leading producer of aluminum profiles and components across a variety of applications like facade systems, doors and windows, internal structures, external aluminum roller shutters, and roller gates for construction markets. It also produces and sells pergolas, external blinds, awnings, reflex screens, and sunbreakers in addition to printed flexible packaging and BOPP films for food manufacturers and other sectors. Founded in 1953, Grupa Kęty was formerly known as Zaklady Metali Lekkich ‘Kęty’ and changed its name to Grupa Kęty S.A. in 2000. Further information is available at https://grupakety.com.
Disclaimer
Past performance is not indicative of future results. There can be no assurance that KPS or any of its funds or investments will achieve their objectives or avoid significant losses.
Certain statements herein reflect the opinions of KPS as of the date hereof and are based on a variety of assumptions and estimates that are subject to various risks and change. There is no guarantee that such opinions will be realized.
Forward-Looking Statements
This press release contains “forward-looking statements”, including statements regarding the contemplated transaction. Forward-looking statements can generally be identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “potential,” “seek,” “should,” “think,” “will,” “would” and similar expressions, or they may use future dates. Forward-looking statements in this document include, without limitation, statements regarding the Company’s expectations as to the completion, timing and anticipated impacts of the contemplated transaction. These forward-looking statements are subject to assumptions, risks and uncertainties that may change at any time, and readers are therefore cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include, among other things: the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement or could otherwise cause the transaction contemplated herein to fail to close; the inability of the Company, KPS or Grupa Kęty to satisfy the conditions to closing; and other risks and uncertainties. The Company undertakes no obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as expressly required by law. All forward-looking statements in this document are qualified in their entirety by this cautionary statement.
Statements By Portfolio Company Executives
Certain statements about KPS made by portfolio company executives herein are intended to illustrate KPS’ business relationship with such persons, including with respect to KPS’ abilities as a business partner, rather than KPS’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with the communication of such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in KPS-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein.
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SOURCE KPS Capital Partners, LP
