Gränges completed the acquisition of Aluminium Konin from Boryszew Group for $239m.

Gränges, a global company in aluminium engineering, manufacturing and innovation, completed the acquisition of Aluminium Konin, the Polish flat rolled aluminium producer, from Boryszew Group for $239m. “Aluminium Konin contributes with technically advanced operations, strategically located in Central Europe. The acquisition is a good strategic fit and complements our business and geographic presence. Together we are creating a strong platform for product mix optimization and sustainable profitable growth. Aluminium Konin strengthens Gränges’ product offering for new niche markets and enables a broader offering of solutions for future vehicles. The acquisition will sharpen our competitive strength and create a stronger position in growing markets to further drive the development of sustainable customer offerings,” Johan Menckel, Gränges CEO.