# Halcor to merge with Elval by absorption

Halcor Metal Works S.A. has decided to initiate preparatory acts for the merger by absorption of non-listed Elval Hellenic Aluminium Industry S.A., with the transformation balance sheet date set for July 31, 2017, and completion expected by December 31, 2017.

- Type: Acquisition
- Announced: 2017-07-19
- Where: Greece
- Status: announced
- Products: non-ferrous metals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Halcor Metal Works](https://endata.com/companies/25719.md)
- [Elval Hellenic Aluminium Industry](https://endata.com/companies/25720.md) (target)

## Sources

- [halcor.com](https://halcor.com/news/announcement/), 2017-07-19: "Through this merger by absorption, a substantial, strongly export-oriented, industrial and financial entity shall be formed, in the non-ferrous metals processing sector."

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