# CBA to acquire Arconic's Itapissuma operation for $50M

Companhia Brasileira de Alumínio (CBA) has signed a contract to acquire Arconic's operation in Itapissuma, Pernambuco, Brazil, for $50 million. The unit has a production capacity of 50,000 tonnes per year of aluminum sheets and plates.

- Type: Acquisition
- Announced: 2023-07-21
- Where: Itapissuma, Pernambuco, Brazil
- Value: $50.0M
- Status: announced
- Capacity: 50,000 tonnes per year
- Products: aluminum sheets and plates
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Arconic](https://endata.com/companies/8076.md) (target)
- [Companhia Brasileira de Alumínio](https://endata.com/companies/32162.md) (acquirer)

## Sources

- [cba.com.br](https://www.cba.com.br/conteudo/cba-fecha-acordo-para-aquisicao-de-operacao-da-arconic-em-itapissuma-no-estado-de-pernambuco/), 2023-07-21: "A unidade localizada no nordeste brasileiro irá complementar a linha de produtos laminados da CBA, contribuindo para melhorar a competitividade da indústria nacional frente aos produtos importados."

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