Monomoy Capital Management, L.P. entered into a definitive agreement to acquire Waupaca Foundry, Inc. from Proterial, Ltd.

Proteral Ltd, formerly known as Hitachi Metals Ltd is a Japan-based company mainly engaged in the provision of special steel products, magnetic materials and power electronics, and electric wire materials. The Company operates through four business segments. The main products of the Special Steel Products segment include tool steel, shaving and cutlery materials, special steel such as precision castings. The main products of the Cast Iron Products segment include ductile cast iron products, cast iron products for transport equipment, automotive castings such as heat-resistant cast parts for exhaust systems. The main products of the Magnetic Materials and Power Electronics segment include magnetic materials such as rare earth magnets and ferrite magnets. The main products of the Wire Materials segment are industrial wires, electrical materials, wires including industrial rubber, automotive electrical components. The Company is also engaged in real estate business and software business.