# Panamera Holdings to acquire Arsham Aluminum Alloys

Panamera Holdings Corporation announced a binding letter of intent to acquire Arsham Aluminum Alloys, LLC from Mid-Continent Metals Group, LLC. The transaction is expected to close in April 2022.

- Type: Acquisition
- Announced: 2022-03-29
- Where: Houston, Texas, United States
- Value: $9.22M
- Status: announced
- Products: secondary aluminum smelting
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Panamera Holdings Corporation](https://endata.com/companies/61935.md) (acquirer)
- [Arsham Aluminum Alloys](https://endata.com/companies/61936.md) (target)
- [Mid-Continent Metals Group](https://endata.com/companies/61937.md) (partner)
- [Arsham Holdings](https://endata.com/companies/62058.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1620749/000164033422000711/pnht_ex991.htm), 2022-03-29: "Panamera Holdings Corporation today announced the execution of a binding letter of intent to acquire Houston-based Arsham Aluminum Alloys, LLC."
- [prnewswire.com](https://www.prnewswire.com/news-releases/panamera-holdings-corporation-acquires-arsham-aluminum-alloys-llc-301513397.html), 2022-03-30: "Panamera Holdings will become the leading secondary smelter of aluminum in the Southwest Region of the United States through the acquisition of Arsham Aluminum Alloys, LLC."
- [secwatch.observer](https://secwatch.observer/filing/0001640334-22-000711), 2022-04-01: "Panamera Holdings Corp - Acquisition of 100% of Arsham Holdings for 9,224,435 shares of Panamera common stock, valued at ~$9.22M."

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