# Gränges to acquire remaining 49% of GETEK GmbH and Dispal business for EUR 8.5M

Gränges AB has signed an agreement to acquire the remaining 49% of GETEK GmbH and the Dispal business from Erbslöh Aluminium GmbH for EUR 8.5 million. GETEK produces aluminium billets using spray-forming technology at facilities in France and Germany.

- Type: Acquisition
- Announced: 2020-09-17
- Where: St Avold, France and Velbert, Germany, France
- Value: $10.0M (8.50M EUR)
- Status: announced
- Capacity: 3,500 tonnes per year
- Products: aluminium billets, spray-formed aluminium materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Gränges](https://endata.com/companies/3224.md) (acquirer)
- [GETEK GmbH](https://endata.com/companies/26601.md) (target)
- [Erbslöh Aluminium GmbH](https://endata.com/companies/26602.md) (partner)

## Sources

- [news.cision.com](https://news.cision.com/granges-ab/r/granges-has-signed-an-agreement-to-acquire-remaining-49-per-cent-of-getek-gmbh-and-the-business-disp,c3195507), 2020-09-17: "GETEK and Dispal adds new capabilities and capacity to expand Gränges’ offering of advanced aluminium materials within current and new customer segments."

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