Private equity firm Torque Capital-backed Netform has completed a strategic merger with fellow manufacturer Tapemaster. Netform specializes in advanced flow-formed and cold-formed components and assemblies, focusing on critical transmission, propulsion, and safety applications for the mobility sector. This merger signals a significant consolidation within the automotive supply chain, aiming to leverage combined expertise and manufacturing capabilities.

The move is designed to enhance product offerings and operational scale to better serve OEMs in the rapidly evolving electric and traditional vehicle markets. By joining forces, the new entity is poised to address growing demands for high-performance, precision-engineered components essential for next-generation mobility solutions.