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GFG Alliance bids to acquire AR Industries aluminium wheel plant in France · Endata

◂ Announcements

Mar 20, 2018ACQUISITIONChâteauroux, Centre-Val de Loire, France

GFG Alliance bids to acquire AR Industries aluminium wheel plant in France

GFG Alliance, through its Liberty Group, submitted a formal bid to acquire AR Industries, the only French manufacturer of aluminium wheels, in Châteauroux. The bid includes a three-year recovery plan with investment in equipment and quality improvements, aiming to save nearly 400 jobs.

Jobs

400

Status

Announced

Productsaluminium wheels

CompaniesGFG Alliance acquirer AR Industries target Liberty Group acquirer

Sectors#Automotive Components

“British-owned global industrial group, the GFG Alliance, has made a formal bid to save nearly 400 jobs in France with a plan to rescue and revive the only French manufacturer of aluminium wheels, AR Industries.”libertysteelgroup.com

2 sources
libertysteelgroup.comGFG to expand global auto footprint with French bid - LIBERTY Steel GrouplibertysteelgrMar 20, 2018
americanrecycler.comGFG to expand global auto footprint with French bid - American Recycler News - The NewsVoice for Salvage, Waste and RecyclingadminApr 29, 2018

Summarized from public sources; check the original articles before acting on it.

More from GFG Alliance

May 29, 2018ACQUISITIONChâteauroux, France350 jobs
GFG Alliance wins bid for French wheel maker AR Industries
GFG Alliance acquirer AR Industries target libertysteelgroup.com
Jan 30, 2018NEW FACILITYFort William, Scotland, United Kingdom$168.0M400 jobsops 2020
GFG Alliance gets planning permission for alloy wheel plant in Fort William
GFG Alliance Liberty British Aluminium partner gfgalliance.com
Jan 10, 2018ACQUISITIONDunkirk, France, France$500.0M570 jobs
Liberty House makes binding offer for Rio Tinto's Dunkerque aluminium smelter
Rio Tinto Rio Tinto target mining.com gfgalliance.com miningconnection.com
Dec 22, 2017EXPANSIONWhyalla, South Australia, Australia$1.00B
GFG Alliance announces $1B expansion plan for Whyalla steelworks
GFG Alliance afr.com
Dec 18, 2017ACQUISITIONGeorgetown, South Carolina, United States125 jobs
GFG Alliance completes acquisition of Georgetown steelworks from ArcelorMittal
ArcelorMittal target GFG Alliance acquirer libertysteelgroup.com
Dec 12, 2017ACQUISITIONAustralia5,500 jobs
GFG Alliance to acquire Arrium mining and steel business
GFG Alliance acquirer Arrium target industrysourcing.com

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