Granges' acquisition of Aluminum Konin approved by the EU Commission
2020-09-25 13:52:40 [Print]
The EU Commission has approved Granges' acquisition of the Polish flat rolled aluminum producer Aluminum Konin
The acquisition will strengthen Granges' product offering and presence in Europe and contribute with strong positions in new attractive niche markets. The transaction is expected to be completed in the fourth quarter of 2020.
Granges is a leading global supplier of rolled aluminum products for heat exchanger applications and other niche markets. Its production facilities are located in Sweden, China and the United States, and have a combined annual capacity of 460,000 metric tonnes.
. The acquisition is thereby approved by all relevant competition authorities. The acquisition will strengthen Granges' product offering and presence in Europe and contribute with strong positions in new attractive niche markets. The transaction is expected to be completed in the fourth quarter of 2020.
Granges is a leading global supplier of rolled aluminum products for heat exchanger applications and other niche markets. Its production facilities are located in Sweden, China and the United States, and have a combined annual capacity of 460,000 metric tonnes.