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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Alcoa Corporation has announced the successful closing of its sale of a 25.1 per cent ownership interest in the Ma’aden Joint Venture to the Saudi Arabian Mining Company (Ma’aden), by a binding share purchase and subscription agreement. Through this transaction, Alcoa has received proceeds of...
Leicester-based manufacturer of UPVC and aluminium windows and doors, Unique Window Systems, has acquired AluFold Direct, the aluminium window and door manufacturer in Blackburn. Unique Window Systems already manufactures both UPVC and aluminium windows and doors from its 165,000 sq ft factory in...
Rytoriacap Inc. and ASC Engineered Solutions have announced that Rytoria, a North American-based company specialising in circular metal processing and recycling, has acquired ASC’s foundry and related facilities in Blossburg, Pennsylvania. The transaction follows a comprehensive search by ASC for a...
Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, has announced the acquisition of a 100 per cent equity stake in US-based AluChem Companies, a leading producer of speciality alumina, for an enterprise value of USD 125 million. The deal will be executed through Aditya...
Due to a sweeping debt restructuring at Ardagh Group, billionaire Paul Coulson, who has worked at the global packaging giant for over 35 years, will have to relinquish his control over the company. Creditors will take over the charge by paying Coulson USD 250 million in return as part of the...
Hindalco industries' wholly owned subsidiary, A.V. Minerals (Netherlands) N.V., has acquired 100 per cent equity in Aditya Holdings LLC, a newly incorporated entity, through a capital subscription worth USD 100. The acquisition, completed on June 19, 2025, was formalised through the execution of an...
Early deals of Atlas Metals Group (AMG) plc reached 90 per cent after it announced Universal Pozzolanic Silica Alumina (UPSA) Ltd’s acquisition. The act is deemed to be a reverse takeover. The acquisition will be via an all-share offer, for which no figure has yet been disclosed. The proposal to...
Hindalco Industries, the metals flagship of the Aditya Birla Group, has acquired 100 per cent equity in EMIL Mines and Mineral Resources Ltd. (EMMRL). The acquisition is a strategic step aimed at securing a long-term, reliable coal supply for Hindalco’s aluminium smelters, ensuring uninterrupted...
US-based Merritt, one of the leading manufacturers of livestock and gooseneck trailers, with a legacy spanning nearly 75 years, has announced a strategic move that aims to strengthen its foothold and expand capabilities across aluminium truck accessories. The Merritt family of companies comprising...
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. The divestiture of these assets is expected to close...
Lindian Resources Limited has announced the issuance of 20 million fully paid ordinary shares as part of its 100 per cent acquisition of the Lelouma Bauxite Project in Guinea. This strategic move further strengthens the company’s position in the bauxite market and is expected to provide significant...
Marumae Co., Ltd., a key producer of aluminium products like slabs, alloys, billets and high-purity aluminium ingots, has successfully acquired 100 per cent shares of Japan-based company KM Aluminium Co. Ltd. The acquisition agreement, initially signed on March 4, 2025, is coming into effect on...
The long-awaited joint venture between Alcoa Corporation and IGNIS Equity Holdings, SL (IGNIS EQT) has officially been established to ensure the continued operation of Alcoa’s San Ciprián complex. Initially announced in October of the previous year, the joint venture has come to fruition as of...
A grand success witness, Sandhar Ascast, a subsidiary of Sandhar Technologies, a leading automotive parts manufacturer, after the acquisition of Sundaram-Clayton’s Hosur aluminium die-casting business. In the present market condition, the acquiring company witnessed an increase of 2.82 per cent,...
On Tuesday, April 1, Unilever announced the acquisition of personal care brand Wild, further advancing its portfolio optimisation strategy toward premium and high-growth categories as part of the Growth Action Plan 2030. Founded in 2020 by Charlie Bowes-Lyon and Freddy Ward, Wild has transformed...
A strategic yet surprising agreement occurred in late March 2025 between Berlin-based Yamaha Motors and a German automotive part manufacturer, Brose. This agreement was for the acquisition of the German company’s bicycle drive unit (eKit) as Yamaha Motor Europe’s subsidiary to expand their business...
Yamaha Motor Australia Pty. Ltd. has signed a purchase agreement with subsidiaries of BRP Inc., a Canada-based company, to acquire full ownership of Telwater Pty Ltd, an Australian aluminium boat manufacturer. The completion of this acquisition is subject to obtaining necessary clearances, permits,...
As of March 31, 2025, Wisconsin Aluminium Foundry, the leader in aluminium and copper-based alloy casting, has officially announced its strategic expansion plan by acquiring Anderson Global, based out of Michigan. Image source: iStock The acquisition intent of Wisconsin Aluminium Foundry is...
