ETEM absorbed by COSMOS ALUMINIUM in aluminium extrusion merger

ETEM S.A. has been absorbed by COSMOS ALUMINIUM S.A., creating a company with over 70,000 tons of aluminium extrusion capacity and projected annual turnover of over €300 million. ELVALHALCOR S.A. received a 15% stake in COSMOS ALUMINIUM as part of the deal.

“The transaction consisted in the absorption of ETEM by COSMOS ALUMINIUM, resulting in the creation of a robust company in the field of aluminium extrusion.”koutalidis.gr

• 1 source
• koutalidis.grKoutalidis Law Firm advised ETEM S.A. and ELVALHALCOR S.A.Koutalidis Law FirmApr 11, 2023

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