# CBA agrees to acquire Arconic's Itapissuma operation for $50 million

Companhia Brasileira de Alumínio (CBA) has signed a contract to acquire Arconic Inc.'s operation in Itapissuma, Pernambuco, Brazil, for US$50 million. The unit has a production capacity of 50,000 tonnes per year of aluminum sheets and plates.

- Type: Acquisition
- Announced: 2019-08-26
- Where: Itapissuma, Pernambuco, Brazil
- Value: $50.0M
- Status: announced
- Capacity: 50,000 tonnes per year
- Products: aluminum sheets, aluminum plates
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Arconic](https://endata.com/companies/8076.md) (target)
- [Companhia Brasileira de Alumínio](https://endata.com/companies/32162.md) (acquirer)

## Sources

- [fusoesaquisicoes.com](https://fusoesaquisicoes.com/acontece-no-setor/cba-do-grupo-votorantim-compra-arconic/), 2019-08-26: "A conclusão da transação e a transferência do controle para a CBA está sujeita a autorização dos órgãos reguladores competentes"

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