# Asia Pacific Light Alloy to acquire Suzhou Lingfu Aluminum from Mitsubishi Aluminum

Jiangsu Asia-Pacific Light Alloy Technology will acquire 100% equity of Suzhou Lingfu Aluminum from Mitsubishi Aluminum for RMB 11.37 million.

- Type: Acquisition
- Announced: 2020-11-18
- Where: Suzhou, China
- Value: $1.72M (11.4M CNY)
- Status: announced
- Products: aluminum alloy precision die forgings, corrosion-resistant heat exchangers, ultra-fine aluminum-copper alloys, heat exchange aluminum microchannel flat tubes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mitsubishi Aluminum](https://endata.com/companies/8628.md) (target)
- [Jiangsu Asia-Pacific Light Alloy Technology](https://endata.com/companies/46289.md) (acquirer)
- [Suzhou Lingfu Aluminum](https://endata.com/companies/51354.md) (target)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/101322843-asia-pacific-light-alloy-plans-to-take-a-100-stake-in-suzhou-lingfu-aluminum-held-by-mitsubishi-aluminum), 2020-11-20: "The equity interest acquired by Asia-Pacific Light Alloy Company aims to make full use of the company's advantages in production capacity, equipment and experience in the field of high-performance microchannel flat tubes for thermal management systems."

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