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    Granges to buy Poland's Aluminium Konin

    2019-11-29 14:36:38   [Print]
    Sweden's Granges said on Thursday it had agreed to buy Polish aluminum producer Aluminium Konin for 2.Asian Metal Copyright3 billion Swedish crowns $239 million, expanding its presence in Europe and boosting its position in growth areas such as materials for electric vehicles.Asian Metal Copyright3 billion Swedish crowns ($239 million), expanding its presence in Europe and boosting its position in growth areas such as materials for electric vehicles.

    Granges said it expected to close the transaction in the second quarter of 2020.

    Aluminium Konin, currently owned by industrial conglomerate Boryszew Group, employs around 750 staff and is based in Konin, Poland.

    .Asian Metal CopyrightSweden's Granges said on Thursday it had agreed to buy Polish aluminum producer Aluminium Konin for 2Asian Metal Copyright
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