# 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.

- Type: Acquisition
- Announced: 2018-03-20
- Where: Châteauroux, Centre-Val de Loire, France
- Jobs: 400
- Status: announced
- Products: aluminium wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)
- [AR Industries](https://endata.com/companies/30835.md) (target)
- [Liberty Group](https://endata.com/companies/31599.md) (acquirer)

## Sources

- [libertysteelgroup.com](https://libertysteelgroup.com/gfg-to-expand-global-auto-footprint-with-french-bid/), 2018-03-20: "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."
- [americanrecycler.com](https://americanrecycler.com/automotive/gfg-to-expand-global-auto-footprint-with-french-bid/), 2018-04-29: "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 aluminum wheels, AR Industries."

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