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Matalco acquires Ohio Valley Aluminum · Endata

◂ Announcements

Mar 25, 2024ACQUISITIONKentucky, United States

Matalco acquires Ohio Valley Aluminum

Matalco purchased Kentucky-based competitor Ohio Valley Aluminum (OVACO) for an undisclosed sum. The deal closed and will increase Matalco's output to 1.5 billion lbs/yr including capacity from a planned plant in Franklin, Kentucky.

Status

Completed

Capacity

1.5 billion lbs/yr

Productsaluminum extrusion billet

CompaniesMatalco acquirer Ohio Valley Aluminum Co. target

Sectors#Steel and Metal Products

“The deal closed today and will take Matalco's output to 1.5bn lbs/yr counting the additional capacity from its planned plant in Franklin, Kentucky, set to open in mid-2022.”argusmedia.com

1 source
argusmedia.comMatalco raises Al billet output with OVACO buy | Latest Market NewsJohn BetzMar 25, 2024

Summarized from public sources; check the original articles before acting on it.

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