# Novelis completes acquisition of Aleris Corporation

Novelis, a subsidiary of Hindalco Industries, has completed its acquisition of US-based aluminum rolled products producer Aleris Corporation. The deal is expected to generate about USD 150 million in synergies.

- Type: Acquisition
- Announced: 2020-04-25
- Where: United States
- Status: completed
- Products: flat-rolled aluminum products, aerospace aluminum, beverage can sheet
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md) (acquirer)
- [Aleris](https://endata.com/companies/3656.md) (target)

## Sources

- [printweek.in](https://www.printweek.in/news/hindalcos-novelis-acquires-aleris-corporation-43080), 2020-04-25: "Novelis, a subsidiary of Hindalco Industries, a flagship company of Aditya Birla Group has announced the completion of its acquisition of USA-based aluminum rolled products producer, Aleris Corporation."

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