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Arcam Acquiring AP&C, Metallic Powder Supplier

Arcam entered into an agreement to acquire AP&C for CAD $35MM (US $32.8MM) in cash. AP&C, a global manufacturer of metal powders including titanium alloy, is expected to post $6.1MM in 2013 revenue. The transaction is expected to close in 1Q14. (Source: Arcam AB)