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Capral Ltd Announces Acquisition Of OneSteel Aluminium Business And Placement


Monday, 2 Sep 2013 02:00am EDT 

Capral Limited announced that it has entered into an agreement to acquire the OneSteel Aluminium (OSA) business from OneSteel Trading Pty Limited, a subsidiary of Arrium Limited (OneSteel Trading), for approximately $19 million (Acquisition). OSA is an established specialist aluminum distribution business selling both extrusion and rolled products. Capral is acquiring the inventory and fixed assets of the business and all current OSA employees will be offered employment with Capral. The acquisition is expected to become unconditional and be completed by September 30, 2013. 

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