# CBA completes acquisition of 80% stake in Alux do Brasil

Companhia Brasileira de Alumínio (CBA) completed the purchase of 80% of Alux do Brasil, a supplier of secondary aluminum alloys, located in Nova Odessa, São Paulo. The acquisition expands CBA's recycled aluminum capacity by about 20% and enters the automotive market.

- Type: Acquisition
- Announced: 2022-01-31
- Where: Nova Odessa, São Paulo, Brazil
- Status: completed
- Products: secondary aluminum alloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Companhia Brasileira de Alumínio](https://endata.com/companies/32162.md) (acquirer)
- [Alux do Brasil](https://endata.com/companies/60779.md) (target)

## Sources

- [brasilmineral.com.br](https://www.brasilmineral.com.br/noticias/cba-inicia-integracao-da-alux-do-brasil), 2022-02-02: "A aquisição está alinhada à nossa estratégia de longo prazo de ampliar a capacidade de alumínio reciclado."

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