Grupa Kęty Stock Surges on €450 Million Deal to Acquire Metra Group

Shares of Grupa KĘTY SA (KTY) surged 8.8% to PLN 1,253 in Tuesday's trading after the company revealed a transformative acquisition agreement. The Polish aluminum group announced after Monday's market close that it had signed a deal to acquire the global aluminum extrusion business Metra Group.

Landmark Acquisition Details

Grupa Kęty entered into a conditional agreement on September 14, 2026, to purchase 100% of Fengari Holdings I B.V., the parent company of Metra Group. The transaction is valued at up to €450 million, based on an enterprise value of €645 million for Metra.

Metra Group is a significant international player in the aluminum profile extrusion sector. Key details of the target company include:

• Operations: Nine production facilities located in Italy, the United States, and Canada.
• Scale: Employs approximately 1,400 people.
• Capacity: Estimated annual aluminum extrusion capacity of around 145,000 tons.

Market Endorses Strategic Move

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Investors reacted decisively to the news, sending the stock toward the upper end of its 52-week range. The sharp rally marked a reversal from the previous session, where Kęty's shares had been among the weaker performers on the Warsaw Stock Exchange before the deal was announced.

To finance the acquisition, Grupa Kęty secured a PLN 2 billion term loan facility with Bank Pekao, which will be used alongside its own balance sheet resources. The market's strong positive reaction suggests investors view the financing structure as credible and the strategic rationale for the deal as compelling.

Expanding Global Footprint

The acquisition represents a major strategic step for Grupa Kęty, substantially expanding its international presence beyond its current core markets in Poland and the European Union. The integration of Metra Group's North American and Italian operations will transform Kęty into a more diversified, global manufacturer in the aluminum sector.