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Vaessen Aluminium to acquire three soft alloy extrusion facilities from Constellium for $55m.

Financials

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Transaction Value£41m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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aluminium manufacturer

Aluminium

Acquisition

Cross Border

Private

Majority

Pending

Friendly

Single Bidder

Germany

Synopsis

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Vaessen Aluminium, an industrial group, agreed to acquire three soft alloy extrusion facilities from Constellium, an aluminum supplier, for $55m. With nearly 450 employees, the three Constellium plants specialize in soft alloy extruded products for the Building & Construction, Transportation and Industry markets in Europe.

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