On Sept. 14, 2026, Grupa Kęty announced a proposed €645 million (approximately US$745 million) acquisition of Metra from KPS Capital Partners. BLG is acting as Canadian counsel to Grupa Kęty.
Metra, headquartered in Italy, manufactures aluminum extrusion products for a range of industrial and construction applications and maintains operations across Europe and North America.
The cross-border transaction is expected to close in the first quarter of 2027, subject to customary approvals. BLG is advising on the Canadian aspects of the proposed acquisition.
Read the news release: Grupa Kęty signed a conditional agreement on the purchase of METRA Group – a strategic step in building the international position in aluminium processing.
The BLG team is led by Fred R. Pletcher, Neil Hazan and Salvador Pimentel (M&A), and includes Fabio Colias, Jordan Jaslow and Sofia Prahalis (M&A); Rose Massicotte and Audrey-Pier Lachaine (Labour and Employment); Denes Rothschild and Mohit Sethi (Competition); Gabriel St-Laurent (Intellectual Property); and Raphael Roditi and Sarah Harroch (Real Estate).