Fort Wayne Metals Joins Axel Johnson Inc. in Full Ownership Transition
The ownership transition marks the next phase for Fort Wayne Metals, a manufacturer of precision materials that support life-changing medical devices and healthcare innovation.
fwmetals.com
Jeremy Rohrs, Chief Executive Officer of Fort Wayne Metals
NEW YORK, NY and FORT WAYNE, IN
– Axel Johnson Inc. (AJI) and Fort Wayne Metals Research Products, LLC today announced the successful closing of their previously announced ownership transition. Under the terms of the agreement, AJI has acquired 100% ownership of Fort Wayne Metals Research Products, LLC (collectively, with its subsidiaries, “Fort Wayne Metals”) from the Glaze family.
Founded in 1970, Fort Wayne Metals is a leading manufacturer of precision materials used in life-changing medical devices and other critical applications. Built on a reputation for innovation, quality, and deep customer partnerships, the company's products help enable millions of medical procedures each year and play a critical role in advancing healthcare around the world.
AJI initially invested in Fort Wayne Metals in 2021 and has worked closely with the company over the past several years. With the transaction now complete, Fort Wayne Metals begins its next phase with AJI as its full owner, reinforcing a shared commitment to the company’s employees, customers, and communities. The transaction expands AJI’s presence within the Healthcare & Life Sciences sector, guided by a shared belief that business should be a force for good, creating lasting value and meaningful societal impact.
“Today marks the beginning of an exciting new chapter for Fort Wayne Metals and AJI,” said Sara Greenstein, Chief Executive Officer of Axel Johnson Inc. “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.”
Sara Greenstein, Chief Executive Officer of Axel Johnson Inc.
Jeremy Rohrs, Chief Executive Officer of Fort Wayne Metals, added, “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.”
Fort Wayne Metals will remain headquartered in Fort Wayne, Indiana, where it has operated for more than five decades.
