Announced
Financials
Sources
Tags
Cross Border
Private
Friendly
aluminium recycling
Aluminium
Belgium
Completed
Single Bidder
Majority
Infrastructure
Private Equity
Acquisition
Synopsis
American Industrial Partners, an operationally oriented private equity firm, completed the acquisition of Aluminium Duffel, an aluminium rolling mill located in Duffel, Belgium. Financial terms were not disclosed. "Today marks a major milestone in our company's history. We look forward to proceeding under the new ownership of AIP, who is committed to a sustainable future for our company. We are positive about the steps AIP has taken to further invest in the company, which demonstrates their engagement to reach the full potential of our plant," Geert Vannuffelen, Aluminium Duffel General Manager.
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