Merger And Acquisition

Constellium divests Chinese joint venture as part of Vision 2028 strategy
29 JUN 20262MINS

Constellium divests Chinese joint venture as part of Vision 2028 strategy

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 market. It employs around 200 people. The company said that the transaction is part of its Vision 2028 strategy to optimise its manufacturing footprint and improve competitiveness. According to Stephane Corre, President of Constellium's Automotive Structures and Industry business unit, “This decision allows us to focus our resources where we can best serve our automotive structures customers and create long-term value.” The financial terms of the transaction were not disclosed. Constellium...

03 JUN 20264MINS

Gulf aluminium producers accelerate overseas acquisitions amid geopolitical and supply chain risks

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 highlight the vulnerability of regional supply chains. Gulf producers currently account for close to 10 per cent of global aluminium output. The expansion drive also coincides with expectations of rising global aluminium demand. Industry forecasts project demand to exceed 92 million tonnes by 2031, supported by growth in electric vehicles, renewable energy infrastructure and sustainable packaging. According to Jamal Banoun, manager of the Riyadh-based SMS Economic Consulting Centre, overseas...


Grow with
AL Circle

KNOW MORE

News

JKL completes exit from Sama Aluminium with $47.4 million
Downstream04 MAY 2026

JKL completes exit from Sama Aluminium with $47.4 million

JKL Investment has fully exited its investment in Sama Aluminium, recovering around KRW 70 billion (USD 47.4 million) and more than doubling its initial investment. In January 2023, the firm invested about KRW 32.1 billion (USD 21.8 million) in the company. It did this through equity and convertible bonds under its ESG Future Mobility Value Chain fund. The deal included more than 700,000 shares and bonds worth KRW 10 billion (USD 6.77 million). It was meant to support growth in electric vehicles and secondary battery materials. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” JKL started selling part of its stake after the lock-up period ended, offloading some shares between...

Nexans to acquire Republic Wire, strengthening its aluminium and copper wire foothold in the United States
Downstream02 MAY 2026

Nexans to acquire Republic Wire, strengthening its aluminium and copper wire foothold in the United States

All the share capital of Republic Wire, Inc., a manufacturer of aluminium and copper wire with headquarters in Cincinnati, Ohio, has been acquired by Nexans, a global leader in electrification, driving the energy transition with innovative solutions that power a safer, sustainable, and connected future. Republic Wire, Inc., founded in 1982 and family-owned, have emerged as a leading manufacturer of low-voltage wiring products, catering to electrical wholesale distributors, utilities, and municipalities throughout the US and Canada. In the year that ended in February 2026, the firm made a total revenue of USD 5,617.3 million. Additionally, the firm attained a fully operational industrial platform, which included a 32,500 square metre manufacturing facility and is heavily automated....

CIE Automotive India approves merger with aluminium casting subsidiary
Downstream25 APR 2026

CIE Automotive India approves merger with aluminium casting subsidiary

CIE Automotive India Ltd approved merging its full subsidiary, CIE Aluminium Casting India Ltd. This pulls all aluminium casting under the main company. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " The board cleared the scheme of amalgamation in line with the Companies Act and SEBI regulations. As the subsidiary is fully owned, no new shares will be issued, and its share capital will be cancelled upon completion of the merger. Also read: Gränges AB marches into Q2’26 of the aluminium industry after robust Q1 results The company said the move is expected to improve operational efficiency and reduce structural complexity. It may also help achieve economies of scale and better coordination across operations,...

Glencore buys 45% stake in US aluminium recycling plant, targets 120,000 tonnes recycling capacity
Recycled AL11 APR 2026

Glencore buys 45% stake in US aluminium recycling plant, targets 120,000 tonnes recycling capacity

Glencore secured a 45 per cent stake in an aluminium recycling and remelting plant near Charleston, South Carolina, raising its position in the US aluminium market. The move is due to global supply chains facing pressure because of the conflict in the Middle East, which has affected availability and pushed up aluminium prices. The metal is widely used in sectors such as transport, construction, and packaging, making a stable supply important for the industry. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " Glencore already holds a 30 per cent stake in Century Aluminum and had earlier provided funding for the Charleston-area facility in return for marketing rights. With this new investment, the company is increasing...

Century Aluminum valuation surges after US smelter JV, restart push and earnings strength
Downstream03 APR 2026

Century Aluminum valuation surges after US smelter JV, restart push and earnings strength

Whilst the global aluminium industry faces the ongoing supply shocks and the move by companies, one firm comes under the spotlight. Century Aluminum, a global metal and mining company focusing on bauxite, alumina and aluminium, shares price valuation are being checked, especially after the Oklahoma smelter joint venture (JV) and the recent asset reshuffling. A surge in Century Aluminum's share price has been noticed by the analysts recently, which also includes a 26.54 per cent 7-day share price return. Additionally, the surge also includes the lump sum 3-year total shareholder return. This directly reflects on the increasing interest post the supply disruption as well as the upgraded outlooks from the partners and the lenders. Also read: Century Aluminum sees higher demand, restarts...

Assan Alüminyum acquires US aluminium foil plant in West Virginia to expand local production
Downstream01 APR 2026

Assan Alüminyum acquires US aluminium foil plant in West Virginia to expand local production

Assan Alüminyum has bought an aluminium foil production plant in West Virginia through its subsidiary Kibar Americas. With this purchase, the company will now produce aluminium foil locally in the United States. This helps it expand its operations outside its home country. The new plant will produce aluminium foil for automotive fin stock, HVAC fin stock, food-grade foil containers, and industrial use. This move comes at a time when many companies are focusing on local production instead of imports. Producing in the US can help reduce supply risks and transport costs. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " Haluk Kayabaşı, CEO of Kibar Holding, said, “The acquisition of this US facility marks a strategically...

E-magazines

VIEW ALL