Novelis sells former Aleris plant in Duffel to Alvance for €310M

Novelis Inc. finalized the sale of the former Aleris aluminium plant in Duffel, Belgium, to Alvance, the international aluminum business of the GFG Alliance, for €310 million. The divestment was a condition of Novelis' earlier acquisition of Aleris.

“Lydian is proud to have assisted Novelis Inc. in the finalization of the sale of former Aleris plant in Duffel, Belgium to Alvance.”lydian.be

• 2 sources
• lydian.beLydian assists Novelis Inc. in 310M euro divestment of Aleris Aluminium Duffel to Alvance | LydianOct 6, 2020
• worldal.comNovelis Sells Aleris’ Belgium Plant But Yet To Receive Full Payment - United States - Worldal.comOct 10, 2020

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