# 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.

- Type: Acquisition
- Announced: 2017-09-13
- Where: Unna, Germany, Germany
- Status: announced
- Products: extruded aluminum tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [China Zhongwang Holdings](https://endata.com/companies/17638.md) (acquirer)
- [Aluminiumwerk Unna AG](https://endata.com/companies/17639.md) (target)

## Sources

- [chinadaily.com.cn](http://www.chinadaily.com.cn/a/201709/14/WS59bb4108a310d4d9ab7e19af.html), 2017-09-13: "The acquisition marks a milestone in international expansion and a major step in complementing the company's business."
- [recyclingtoday.com](https://www.recyclingtoday.com/news/zhongwang-alunna-aluminum-germany-china/), 2017-09-14: "The acquisition marks a milestone in our international expansion and a major step in complementing the company's business."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.