Announced
Financials
Tags
Single Bidder
Friendly
Cross Border
Majority
Pending
Merger
France
Private
Aluminium
aluminum extrusions
Acquisition
Private Equity
Synopsis
OpenGate-backed Extol, a manufacturer of aluminum parts intended for the industrial sector, and Aluminium France Extrusion, a manufacturer of extruded aluminum profiles, agreed to form Aluminium Solutions Group. Financial terms were not disclosed. “ASG brings together two exceptional companies that are very complementary, creating a European market leader in an industry that continues to show sustained growth. In addition to leveraging natural operational and commercial synergies, we are proud to be advancing the industry’s ESG goals with uncompromising customer service and quality," Julien Lagrèze, OpenGate Capital Partner and Head of Europe.
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