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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The Vendée group Gustave Rideau, a major player in aluminium verandas, has just acquired BGN, which delivers a pass to Gustave Rideau to enter the metal construction market. This company from La Crèche, near Niort, deploys a wide range of trades, from metal frameworks to locksmithing, including the...
Alteo alumina refinery, the producer of world-class speciality alumina is still in the run, as two houses are standing deadlock towards presenting their plan at the Marseille Commercial Court on November 17 to take over the plant. The refinery based in Gardanne in the Bouches-du-Rhône has been in...
Granges Aluminium assigned new management for its operations in Europe, following the completion of the acquisition of Aluminium Konin. Gränges’ operations in Europe incorporate of the acquired business Aluminium Konin in Poland, the operations in Finspång in Sweden, and the business unit Gränges...
On 6 th November’20, Gränges has completed the previously announced acquisition of the Polish flat-rolled aluminium producer Aluminium Konin. The acquisition of Aluminium Konin, communicated on 28 th November’19, will strengthen Gränges’ product offering and presence in Europe and contribute with...
According to a recent report, Metallica Minerals Limited has entered into a sale agreement with Clear Logistics Australia Pty Ltd, a private company with experience in bauxite, heavy mineral sand and industrial sand, and gravel operations. The latter will purchase Metallica’s subsidiary company...
On 3 rd November’20, Qatar Aluminium Extrusion Co (QALEX), announced the acquisition of the assets of Abdul Noor Aluminium Extrusion Factory. Abdul Rahman bin Abdullah Al Ansari, Chairman of QALEX and Jassim Abdul Noor, Chairman of Abdul Noor Aluminium Extrusion Factory signed the purchase...
Julien Balkany, the Vice-Chairman of the Board of Directors at Sarmin Bauxite Limited, confirmed that it entered into a definitive investment agreement with Lindian Resources of Australia on September 23, 2020. The agreement represents the sale of 75 per cent of shares of Sarmin Bauxite to Lindian...
On 25 th October’20, Arab Aluminum (ALUM) disclosed to the Egyptian Exchange that Kharafi Construction reduced its stake from 43.20% to 37.89%. Kharafi Construction, a Grade 'A' General Contractor with the experience of executing major construction and infrastructure projects throughout Kuwait has...
On 19 th October’20, Sanjeev Gupta, Executive Chairman and CEO of GFG Alliance in the London Metals Exchange (LME) Seminar, said: “GFG Alliance plans to boost its aluminium production capacity to at least 1 million tonnes/year within the next two years via acquisitions” “This would be up from the...
Virtus Industries has acquired Canada-based brass and aluminium tube maker Arzon Ltd. The purchase is aided by a direct investment by global alternative investment manager Ares Management Corp. The acquisition of Arzon, located in Burlington, Ontario, was made through Virtus subsidiary STP Holdco...
Gränges has announced the signing of an agreement with Boryszew S.A. on a new structure regarding the purchase price for the acquisition of Aluminium Konin, the Polish flat rolled aluminium producer. The acquisition will enhance Gränges' product offering and presence in Europe. The acquisition will...
The LPM Group is a specialized in design and construction of machines and equipment for aluminium and magnesium low pressure and gravity die casting, with its presence in China, Germany and the United States, continues its overseas journey and this time lands in Mexico. The company with its...
British tycoon Sanjeev Gupta’s international low-carbon aluminium business, ALVANCE Aluminium Group, part of sustainable industry leader GFG Alliance, has accomplished its acquisition of the Duffel aluminium recycling and rolling mill near Antwerp in Belgium. Duffel is a leading European producer...
The Shyft Group, Inc.,the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, has expanded its product portfolio with the acquisition of F3 MFG Inc., a leading, aluminium truck body and accessory...
The EU Commission on 23 rd September’20 has approved Gränges’ acquisition of the Polish flat-rolled aluminium producer Aluminium Konin. The acquisition is thereby approved by all relevant competition authorities. Today’s announcement is followed by the 28 th November 2019 Gränges’ agreement to...
Gränges has inked an agreement for the acquisition of the remaining 49 per cent of the shares in GETEK GmbH as well as the business Dispal® for EUR 8.5 million from Erbslöh Aluminium GmbH. The deal includes assets, intellectual properties and trademark Dispal®. “GETEK and Dispal® adds new...
The specialty chemicals group ALTANA has expanded its portfolio in industrial 3D printing with the acquisition of the British company Aluminium Materials Technologies Ltd. (AMT). AMT develops the patented special alloy A20X for 3D printing, setting new standards in strength and weight. “AMT and its...
Mpac Group plc, a global leader in high speed packaging and automation solutions, has purchased Switchback Group, Inc., a USA based supplier of packaging machinery and automation solutions to the food, beverage and healthcare markets. The initial price is $13.0 million, payable in cash, with a...
