# 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.

- Type: Acquisition
- Announced: 2018-05-29
- Where: Châteauroux, France
- Jobs: 350
- Status: announced
- Capacity: 2 million alloy wheels per year
- 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)

## Sources

- [libertysteelgroup.com](https://libertysteelgroup.com/gfg-alliance-wins-bid-for-french-wheel-maker-ar-industries/), 2018-05-28: "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."

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