GFG Alliance agrees to purchase Belgian aluminum smelter from Novelis

GFG Alliance reached an agreement to buy the Duffel aluminum rolled mill in Belgium from Novelis. The deal has received EU approval and is expected to close by January 21, 2020. Financial details were not disclosed.

“The acquisition of the Duffel plant is the latest in a series of acquisitions of steel and aluminum assets from GFG Alliance in recent years.”azovpromstal.com

• 2 sources
• azovpromstal.comGFG Alliance reaches agreement to purchase Belgian aluminum smelterDec 13, 2019
• aluminiumtoday.comGFG Alliance unveils new global integrated aluminium vertical –…Quartz Business MediaJan 20, 2020

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