Constellium has sold its ownership stake in its automotive structures joint venture in Changchun, China, along with its partner, to a Chinese automotive holding company. The Changchun facility manufactures aluminium crash management systems and other structural components for the Chinese automotive...
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
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Xingfa Aluminium Holdings, one of the leading aluminium extrusion profile manufacturers in China, has finally purchased a 4 per cent stake in Chinese service provider Guangdong Province Trading Development, an importer and exporter of kitchen and bathroom fixtures and accessories. Earlier in...
On January 3, USA's Fencing Supply Group declared that it has successfully taken over the operations of Hartford Fence Supply, a renowned wholesaler of vinyl and aluminium fencing solutions in the Tampa, Florida market. The CEO of Fencing Supply Group, Andrea Hogan, exclaimed: "It is truly an...
On December 21, 2022, the leading aluminium extrusion profile manufacturer in China, Xingfa Aluminium Holdings during filing has stated that it would acquire a 4 per cent equity interest in a Chinese service provider, Guangdong Province Trading Development, from Guangdong Guangxin Holding Group for...
BRT Property Holdings LLC took over the aluminium extrusion factory under BR Properties Group LLC on December 1 with an investment of US$3.6 million, as was stated in the reports by the Trumbull County Auditor’s office. The facility functioned for BRT Extrusions Inc., an aluminium extruder that...
Australia's leading industrial solutions specialist and aluminium provider, Capral Aluminium, announced that it had acquired Allyman Aluminium, an aluminium distribution business in Wollongong, New South Wales, servicing the South Coast of NSW. The acquisition is a result of Capral's dedication to...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. This week the segment witnessed limited but significant events. Gestamp, a Spanish producer of automotive components, had acquired one-third of Gescrap, a company that...
The Australian hydrous kaolin producer and exploration company Suvo Strategic Minerals has finally completed the acquisition of a 26 per cent stake in Dingo, an Australian-owned business that plans to make high-purity alumina (HPA) using recycled feedstock. Through a private placement of 220,000...
Founded in 1902, a global packaging solutions head, TricorBraun, has taken over Vancouver-based Merlot Packaging to further stabilise its position in Canada. TricorBraun can be regarded as the primary packaging supplier in North America. The company specialises in making a broad range of products,...
Albers Aerospace, located in McKinney, Texas, has taken over Garrett Container Systems, a specialist in making aluminium storage and shipping containers. This move was to solidify Alber’s military customer base. Founded in 1991 by Don and Liz Morin, Garrett Container Systems (GCS) is a master in...
AlCircle’s “ Future of the Global Aluminium Castings Industry - Market analysis and industry forecast to 2027 ” report is available on our website; please click on the link below for full information. EGA has reached a milestone in aluminium production by completing the supply of 40 million tonnes...
On November 19, 2022, RHI Magnesita, the leading global supplier of refractory products, publicized the acquisition of the Indian refractory business of Dalmia Bharat Refractories Limited (DBRL). DBRL is one of India’s foremost refractory players and a long-term trusted partner to customers in the...
Arconic, one of the leading providers of aluminium sheet, plate and extrusions in the United States, announced that the company has successfully sold Promishlennie Investitsii LLC, the main shareholder of VSMPO-AVISMA Corporation, 100 per cent of its Russian operations for cash proceeds of $230...
The ongoing Ukraine-Russia geopolitical has been a cause of discrepancies worldwide. With the Russian gas lines closed, Europe is on the brink of losing its primary aluminium products line and the aluminium recycling units. The European Commission stated that KPS Capital Partners' portfolio...
On October 19, 2022, the European Commission stated that KPS Capital Partners' portfolio company, German aluminium smelter Speira had received the EU antitrust approval to acquire aluminium recycler Real Alloy Europe after offering to sell two plants. The private equity firm KPS Capital Partners...
A recent report from Europe indicates, that the private equity firm that has grown substantially over the past two decades, KPS Capital Partners, whose portfolio company Germany's aluminium smelter Speira ready to receive EU antitrust approval for its plan to acquire aluminium recycler Real Alloy...
Established in 1989, the Midlands-based Kestrel Aluminium Systems Limited has been taken over by German building envelope specialist Schüco Group. The company with 6330 employees and 40,000 partners in more than 80 countries, Schuco Group’s subsidiary Schuco UK has acquired Kestrel Aluminium...
Stena Line, the largest freight route network connecting all the major ports and trade ways of Northern Europe, has bagged the winning bid to take over the 213-acre Eco Parks' former Anglesey Aluminium site in Holyhead, North Wales. Stena Line, for the past 27 years, has held and operated the...
The Institute of Scrap Recycling Industries (ISRI) during their Convention & Exposition (ISRI2022) in late March found Greg Wittbecker, an advisor to London-based CRU International referring to the scarcity of primary aluminium worldwide and encouraging the growth of scrap recycle to fill in the...
