# EU regulators investigate Novelis' proposed $2.6B purchase of Aleris

European Union antitrust regulators have opened an in-depth investigation into Novelis' proposed $2.6 billion purchase of Aleris, announced in summer 2018. The deal would acquire Aleris' 13 global manufacturing facilities, including automotive finishing lines.

- Type: Acquisition
- Announced: 2019-03-27
- Where: United States
- Value: $2.60B
- Status: announced
- Products: aluminum rolled products, automotive aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md) (acquirer)
- [Aleris](https://endata.com/companies/3656.md) (target)
- [Aditya Birla Group](https://endata.com/companies/27119.md) (partner)

## Sources

- [recyclingtoday.com](https://www.recyclingtoday.com/news/eu-regulators-investigate-novelis-purchase-of-aleris/), 2019-03-27: "Our in-depth investigation aims to ensure that the acquisition of Aleris by Novelis does not have a negative impact on effective competition in aluminum markets."
- [miningmetalnews.com](https://www.miningmetalnews.com/20190802/1136/eu-investigates-novelis-acquisition-aleris), 2019-03-29: "The purchase price amounted to $ 2.1 billion."

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