Alvance completes Duffel acquisition; initiates 100-day review

October 02, 2020 / www.metalbulletin.com / Article Link

Alvance, the aluminium division of GFG Alliance, has completed the acquisition of Aleris' Duffel rolling mill in Duffel, Belgium, Alvance said on Thursday October 1.

The ?,?310 million ($364.1 million) acquisition, which helped pave the way for the Aleris-Novelis merger earlier this year, took around 10 months to complete after the initial announcement last December.

Alvance said on Thursday there will be a 100-day review...

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