# GFG Alliance bids €419mn for Rio Tinto's Dunkerque aluminium plant

GFG Alliance submitted a €419 million binding offer for Rio Tinto's aluminium plant in Dunkerque, France, as part of a €2 billion investment programme in France.

- Type: Acquisition
- Announced: 2020-05-19
- Where: Dunkerque, France, France
- Value: $455.0M (419.0M EUR)
- Jobs: 570
- Status: announced
- Products: aluminium
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Rio Tinto](https://endata.com/companies/4215.md) (target)
- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)

## Sources

- [businesschief.eu](https://businesschief.eu/corporate-finance/gfg-alliance-kicks-euro2bn-france-investment-euro419mn-offer-rio-tintos-aluminium-hub), 2020-05-19: "Aluminium Dunkerque has a high-quality aluminium operation benefitting from a top-class workforce and management."

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