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Constellium NV completes acquisition of Wise Metals Intermediate Holdings LLC

Monday, 5 Jan 2015 04:00pm EST

Constellium NV:Completes acquisition of Wise Metals Intermediate Holdings LLC, a private aluminum sheet producer located in Muscle Shoals, Alabama.With the closing of the acquisition, Constellium now has access to 450,000 metric tons (kt) of hot mill capacity from the widest strip mill in North America.Reinforcing its position on the can market and positioning Constellium to continue to grow in the North American Body-in-White (BiW) market.

Grupo Vasconia's division Almexa subscribes for 50 pct stake in Alucal

Monday, 29 Dec 2014 01:01pm EST

Grupo Vasconia SAB:Says its industrial division, Almexa, has subscribed for 50 percent stake in Alucal SA de CV through a share capital increase of the latter.

China Hongqiao Group Ltd announces discloseable transaction the acquisition of 100 pct equity interest in target company

Monday, 22 Dec 2014 09:16am EST

China Hongqiao Group Ltd:Says on Dec. 22, Purchaser, an indirect wholly-owned subsidiary of company, and the Vendor entered into the Agreement.Pursuant to which Purchaser has conditionally agreed to purchase and the Vendor has conditionally agreed to sell the 100 pct equity interest in the Target Company, at a consideration of 1,896,279,800 ringgit.After Completion, Target Company will be wholly owned by the Purchaser, which will enjoy the rights and assume the obligations in relation to the 100 pctequity interest in Target Company.Purchaser Binzhou Municipal Zhengtong New Aluminum Profiles Co., Ltd and is an indirect wholly-owned subsidiary of company.Vendor is Shandong Binbei New Material Co., Ltd.Target Company is Binzhou Municipal Binbei New Material Co., Ltd.

Alcoa to acquire TITAL to expand global growth platform for Titanium Aerospace Components

Monday, 15 Dec 2014 04:30am EST

Alcoa Inc:Plans to further expand its global aerospace business through a definitive agreement to acquire privately held TITAL.Acquisition will strengthen Alcoa's global position to capture increasing demand for advanced jet engine components made of titanium.Financial details of the transaction were not disclosed.

Century Aluminum completes acquisition of Mt. Holly, SC Smelter

Monday, 1 Dec 2014 04:01pm EST

Century Aluminum Co:Says its wholly owned subsidiary has completed its transaction with Alcoa to acquire full ownership of the Mt. Holly aluminum smelter.Says Mt. Holly, located in Berkeley County, South Carolina, employs about 600 people and has an annual production capacity of 229,000 metric tons of primary aluminum.

Hulamin 's Isizinda Aluminium announces acquisition of Bayside casthouse in Richards Bay, KwaZulu Natal from BHP Billiton

Monday, 24 Nov 2014 03:00am EST

Isizinda Aluminium:Announced the acquisition of the Bayside casthouse in Richards Bay, KwaZulu Natal from BHP Billiton.Says the effective date is expected to be April 01, 2015.Isizinda (meaning Hub in isiZulu) is a strategic partnership between Bingelela Capital and Hulamin.Says Isizinda has concluded a groundbreaking five year metal supply agreement with BHP Billiton that will see liquid metal supplied by the nearby Hillside smelter directly to the Bayside casthouse.Says Hulamin in turn, has concluded a matching slab offtake agreement with Isizinda, with an estimated value of more than 10 bln Rand over the five year period.

Alcoa Inc acquires Firth Rixson, Grows Global Aerospace Portfolio

Thursday, 20 Nov 2014 04:00am EST

Alcoa Inc:Has completed acquisition of Firth Rixson.Closed transaction, which was announced on June 26, 2014, after receiving all of required global regulatory approvals and arranging financing for deal.


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