Cosmos Aluminum merges with ETEM

Cosmos Aluminum SA has merged with ETEM AE, with Cosmos absorbing ETEM. Cosmos holds 85% and ETEM/ELVAL HALCOR 15%. The combined company has a capacity of over 70,000 tonnes of aluminum and annual turnover of €300 million.

“Today, Thursday, April 6, 2023, at COSMOS Aluminum SA premises in Larissa, the final Merger Agreement was signed and completed the previously announced and promising merger between COSMOS Aluminum AE and ETEM AE.”cosmosaluminium.gr

• 2 sources
• cosmosaluminium.grETEM SA MERGES WITH COSMOS ALUMINUM SA, MARKING A MAJOR SHIFT IN THE ALUMINUM INDUSTRY | Cosmos Aluminiumcosmos_adminApr 6, 2023
• etem.comETEM SA MERGES WITH COSMOS ALUMINUM SA, MARKING A MAJOR SHIFT IN THE ALUMINUM INDUSTRY | ETEMApr 6, 2023

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