# GFG Alliance agrees to buy Duffel aluminium plant from Novelis

GFG Alliance has agreed to acquire the Duffel aluminium plant in Belgium from Novelis. The plant supplies the auto industry and has capacity of about 240,000 tonnes per year. No price was disclosed.

- Type: Acquisition
- Announced: 2020-05-16
- Where: Duffel, Belgium, Belgium
- Status: announced
- Capacity: 240,000 tonnes per year
- Products: semi-finished aluminium products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md) (target)
- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)

## Sources

- [manufacturingdigital.com](https://manufacturingdigital.com/procurement-and-supply-chain/gfg-agrees-deal-novelis-aluminium-plant-belgium), 2020-05-16: "The deal is consistent with GFG Alliance’s strategy to create an international, vertically integrated aluminium business."

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