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Jan 15, 2024ACQUISITIONUnited States Novelis acquires Aleris Aluminum for $2.6 billion
Novelis, a subsidiary of Hindalco, acquired Aleris Aluminum Corporation of the United States for about $2.6 billion, including assumed debt, becoming the world's largest flat-rolled aluminum products company. The acquisition was announced on July 26, 2018.
Productsflat-rolled aluminum productsaluminum platesstripsfoilsaerospace and military aluminum products
“The purchase price is about US $ 2.6 billion, including the debt that should be assumed.”haythink.com
- 2 sources
- haythink.comNovelis Aluminum Corporation Acquired Aleris Aluminum Corporation Of The United States And Became The World's Largest Universal Flat Rolled Aluminum Products (FRPs) Company - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024
- haythink.comNovelis's Proposed US $ 2.6 Billion Acquisition Of Aleris Has Passed The Antitrust Review On Condition That Novelis Divested Its Car Body Business - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024
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