# CCL Industries acquires remaining 50% of Rheinfelden Americas

CCL Industries acquired the remaining 50% interest in its aluminum slug venture Rheinfelden Americas, LLC for a nominal sum, assuming $22.3 million in debt. The business will be renamed CCL Metal Science.

- Type: Acquisition
- Announced: 2020-02-14
- Where: United States
- Status: completed
- Products: aluminum slugs
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [CCL Industries](https://endata.com/companies/611.md) (acquirer)
- [Rheinfelden Americas](https://endata.com/companies/45298.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/02/14/1985489/0/en/ccl-industries-acquires-100-of-rheinfelden-americas-llc.html), 2020-02-14: "We finally completed construction of our new aluminum slug plant in late 2019 following a fire at the facility in 2018, which interrupted the start-up."

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