# Gränges completes acquisition of Aluminium Konin

Gränges completed the acquisition of Polish flat-rolled aluminium producer Aluminium Konin from Boryszew S.A. for SEK 2.2 billion (PLN 938 million) on a cash and debt-free basis.

- Type: Acquisition
- Announced: 2020-11-06
- Where: Konin, Poland, Poland
- Value: $253.0M (2.20B SEK)
- Status: completed
- Products: flat-rolled aluminium
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Boryszew](https://endata.com/companies/532.md) (partner)
- [Gränges](https://endata.com/companies/3224.md) (acquirer)
- [Aluminium Konin](https://endata.com/companies/43579.md) (target)

## Sources

- [alcircle.com](https://www.alcircle.com/news/granges-concludes-the-acquisition-of-aluminium-konin-funds-raised-by-boryszew-to-pay-off-liabilities-and-development-investments-59608), 2020-11-08: "The acquisition is a good strategic fit for Gränges and complements our business and geographic presence."

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