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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

GFG Alliance wins bid for French wheel maker AR Industries · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

May 29, 2018ACQUISITIONChâteauroux, France

GFG Alliance wins bid for French wheel maker AR Industries

GFG Alliance, through its Liberty Engineering unit, won a court ruling to acquire AR Industries, the last remaining French manufacturer of aluminium wheels, saving around 350 jobs. The plant in Châteauroux has capacity to make two million alloy wheels a year.

Jobs

350

Status

Announced

Capacity

2 million alloy wheels per year

Productsaluminium wheels

CompaniesGFG Alliance acquirer AR Industries target

Sectors#Automotive Components

“British group, Liberty Engineering, owned by industrialist Sanjeev Gupta has won its bid to secure the last remaining French manufacturer of aluminium wheels, AR Industries (ARI) and the hundreds of jobs that depend on it.”libertysteelgroup.com

1 source
libertysteelgroup.comGFG Alliance wins bid for french wheel maker AR Industries - LIBERTY Steel GroupMay 28, 2018

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

More from GFG Alliance

Mar 20, 2018ACQUISITIONChâteauroux, Centre-Val de Loire, France400 jobs
GFG Alliance bids to acquire AR Industries aluminium wheel plant in France
GFG Alliance acquirer AR Industries target libertysteelgroup.com americanrecycler.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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