# Two firms submit firm offers to buy Alcoa plants in Spain

Two companies, Swiss fund Parter Capital and German firm Quantum, have submitted firm offers to acquire Alcoa's plants in A Coruña and Avilés, Spain. Parter Capital bids for both plants, while Quantum focuses on Avilés.

- Type: Acquisition
- Announced: 2019-06-07
- Where: A Coruña and Avilés, Spain
- Status: announced
- Products: aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcoa Corporation](https://endata.com/companies/7297.md) (target)
- [The Quantum Group](https://endata.com/companies/24057.md) (acquirer)
- [Parter Capital](https://endata.com/companies/39887.md) (acquirer)

## Sources

- [nosdiario.gal](https://www.nosdiario.gal/economia/duas-empresas-presentan-ofertas-firmes-comprar-alcoa/20190607114746080540.html), 2019-06-07: "Unha delas, o fondo suizo Parter Capital, aposta por ambas as dúas plantas, coruñesa e avilesina, mantendo a actividade ao completo, fundición e series de electrólise, mais condiciona a oferta a lograr un prezo da enerxía estábel, predicíbel e competitivo."

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