Metalcaster Watlow Batavia Inc., Batavia, Ill., has been purchased by LV2 Equity Partners, Midland, Mich., which has left the existing management team in place but renamed the company. The nonferrous caster, which produces primarily heating products, will be renamed Cast Aluminum Solutions LLC and be a wholly owned entity of LV2 Aluminum Castings LLC, which was formed to purchase the assets of Watlow…