Ligon Capital, an affiliate of Birmingham, Alabama-based Ligon Industries, has purchased Alcast Co. and its subsidiaries, Aluminum Castings Co. and Voss Pattern, for more than $50 million, according to a report from “Birmingham Business Journal.” The deal closed Sept. 30.

Alcast is a producer of fully machined permanent mold aluminum castings using a proprietary electromagnetic low-pressure process. With the purchase of Alcast, Ligon is now the largest independent provider of permanent mold castings in North America.

Aluminum Castings Co. uses automatic molding machines to produce both green-sand and no-bake aluminum castings. These processes round out Ligon’s offering of vertically integrated solutions to its customers when combined with Ligon’s V-Process and Permanent Mold Groups. Voss Pattern provides customized tooling to both its sister companies and outside customers.