China Zhongwang Holdings acquires 99% stake in German aluminum extruder ALUnna

China Zhongwang Holdings Ltd. announced it will acquire a 99% equity interest in Aluminiumwerk Unna AG (ALUnna), a German producer of extruded aluminum tubes, through its German subsidiary. The acquisition supports Zhongwang's international expansion.

“The acquisition marks a milestone in international expansion and a major step in complementing the company's business.”chinadaily.com.cn

• 2 sources
• chinadaily.com.cnZhongwang acquires German Alunna firm - Chinadaily.com.cnWu Yong in ShenyangSep 13, 2017
• recyclingtoday.comZhongwang Holdings takes controlling stake in German aluminum company - Recycling TodayRecycling Today StaffSep 14, 2017

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