# Zhongwang USA to acquire Aleris Corporation for $2.33B

Zhongwang USA LLC, a subsidiary of China-based Zhongwang International Group, agreed to acquire Aleris Corporation for approximately $2.33 billion, pending CFIUS clearance.

- Type: Acquisition
- Announced: 2016-08-29
- Where: United States
- Value: $2.33B
- Status: announced
- Products: aluminum rolled products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aleris](https://endata.com/companies/3656.md) (target)
- [Zhongwang USA](https://endata.com/companies/20670.md) (acquirer)
- [Zhongwang International Group](https://endata.com/companies/20671.md) (investor)
- [Liu Zhongtian](https://endata.com/companies/20672.md) (investor)

## Sources

- [natlawreview.com](https://natlawreview.com/article/cfius-upcomingnew-filing-zhongwang-usa-llcliu-zhongtian-and-aleris-corporation), 2016-12-13: "Aleris is a global leader in the production and sale of aluminum rolled products."

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