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Axel Johnson Inc. Acquires Fort Wayne Metals

Axel Johnson first invested in Fort Wayne Metals in 2021. The company manufactures precision materials for medical devices and other applications.

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By: Sam Brusco

Associate Editor

Axel Johnson Inc. (AJI) has closed the acquisition of Fort Wayne Metals. Per the agreement’s terms, AJI purchased 100% ownership of Fort Wayne Metals Research Products (“Fort Wayne Metals” with its subsidiaries) from the Glaze family of companies.

Fort Wayne Metals was founded in 1970. The Indiana-based company manufactures precision materials for medical devices and other crucial applications and boasts a reputation for innovation, quality, and deep partnerships with customers.

AJI first invested in Fort Wayne Metals in 2021. AJI is an NYC-based, family-owned investment company that says it’s “committed to using business as a force for positive change.” This transaction does so by bolstering its market presence in healthcare and life sciences.

The company will continue to be headquartered in Fort Wayne, Ind. where it’s operated for over 50 years.

Comments from Axel Johnson and Fort Wayne Metals

Sara Greenstein

Sara Greenstein, CEO, AJI: “Today marks the beginning of an exciting new chapter for Fort Wayne Metals and AJI. Over the past several years, we’ve come to know this business well and have developed a deep appreciation for its talented people, strong customer relationships, and commitment to innovation. What excites us most are the opportunities ahead. Together, we will continue investing in the capabilities, products, and people that have made Fort Wayne Metals a recognized industry leader while building on its extraordinary legacy of improving lives around the world.”

Jeremy Rohrs

Jeremy Rohrs, CEO, Fort Wayne Metals: “This milestone represents an exciting opportunity for our employees, customers, and partners. AJI has been a valued partner since 2021, and throughout that time they have consistently demonstrated a long-term mindset, respect for our culture, and confidence in our team. As we look ahead, we are well positioned to accelerate our growth, continue innovating for our customers, and build on our legacy of enabling solutions that improve lives and advance innovation around the world.”

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