Metalcorp plans to invest at its BAGR Berliner Aluminiumwerk

Metalcorp Group B.V., one of the leading manufacturers of secondary aluminium ingots in Europe, has planned to make investments in a second continuous casting line and a homogenisation plant at BAGR Berliner Aluminiumwerk GmbH. BAGR Berliner Aluminiumwerk GmbH specializes in producing rolling slabs from secondary aluminium for the European market. The company operates as a subsidiary of Metalcorp Group.

Furthermore, the Group has initiated negotiations with its co-shareholder regarding the latter's 50 per cent stake in Stockach Aluminium GmbH with a view to fully taking over the company. The planned takeover will further enlarge and improve the range of products and services offered by BAGR and Stockach Aluminium to their customer. Last year, BAGR Berliner Aluminiumwerk GmbH acquired 50 per cent of the shares of Stockach Aluminium GmbH from SSVP III.

“Metalcorp Group plans to take these measures in order to significantly expand its aluminium production activities, for which 2017 was a record year, and to further strengthen its activities in the steel sector,” it said.