KME Special Products GmbH & Co. KG agreed to acquire KME Group?s aerospace specialty metals business from KME Group S.p.A. (BIT:KME) on February 20, 2024. The business combination values cunova and KME Aerospace at an enterprise value of approximately 9.4 times cunova?s pro forma 2023 Adjusted EBITDA of $78 million.Latham & Watkins LLP is serving as counsel to Paragon and cunova.

Morgan, Lewis & Bockius LLP is serving as counsel to KME. Lorenzo Corte of Skadden represented SDCL Edge Acquisition Corporation in its merger with cunova.