Acquiring Company
Emirates Global Aluminium
Acquired Company
Leichtmetall Aluminium Gießerei Hannover GmbH
Dubai
HanoverMechanical Or Industrial EngineeringManufacturingDescription
Emirates Global Aluminium (EGA), a producer of premium aluminium, is set to acquire 100 percent of the German aluminium recycling company Leichtmetall Aluminium Gießerei Hannover GmbH. This acquisition marks EGA's first major acquisition in Europe and provides a platform for developing a recycling business close to its customers in Europe, contributing to the emerging circular economy and building on its existing position as one of the biggest importers of primary aluminium on the continent.
Quick answer
Emirates Global Aluminium is acquiring Leichtmetall Aluminium Gießerei Hannover GmbH, announced March 22, 2024. Emirates Global Aluminium is based in Dubai, Dubai, United Arab Emirates.
- How much did Emirates Global Aluminium pay for Leichtmetall Aluminium Gießerei Hannover GmbH?
- The deal value was not disclosed.
- What does Emirates Global Aluminium do?
- Emirates Global Aluminium (EGA) is the largest producer of premium aluminium in the world and the biggest industrial company in the UAE outside the oil and gas sector.
- Where are Emirates Global Aluminium and Leichtmetall Aluminium Gießerei Hannover GmbH based?
- Emirates Global Aluminium is based in Dubai, Dubai, United Arab Emirates. Leichtmetall Aluminium Gießerei Hannover GmbH is based in Hanover, Lower Saxony, Germany.
- Who are the decision-makers at Emirates Global Aluminium?
- Fundz holds 1 contact at Emirates Global Aluminium. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Mechanical Or Industrial Engineering and Manufacturing
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Wytech Industries and Mountain Manufacturing Technologies acquire Silvertip & Associates to strengthen precision grinding capabilities (April 3, 2024)
- Emirates Global Aluminium (EGA) completes acquisition of Leichtmetall, European speciality foundry (May 3, 2024)
- KARAM Safety completes acquisition of Midas Safety India to strengthen its leadership position in the PPE industry (May 3, 2024)
- OX Group Global acquires Armor Tool to strengthen its position as an innovation leader (May 2, 2024)
- RWC Building Products completes acquisition of New Mexico Plaster and Supply to strengthen capabilities in the stucco market (May 1, 2024)
- Carlisle Companies Incorporated completes purchase of MTL Holdings to strengthen position in building products (May 1, 2024)
Who to call at Emirates Global Aluminium, and when
When Emirates Global Aluminium changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Emirates Global Aluminium raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Leichtmetall Aluminium Gießerei Hannover GmbH?
Leichtmetall Aluminium Gießerei Hannover GmbH was acquired by Emirates Global Aluminium, based in Dubai. The deal was reported on March 28, 2024. Emirates Global Aluminium (EGA) is the largest producer of premium aluminium in the world and the biggest industrial company in the UAE outside the oil and gas sector. Emirates Global Aluminium is privately held and operates in Mechanical Or Industrial Engineering.
When did Emirates Global Aluminium acquire Leichtmetall Aluminium Gießerei Hannover GmbH?
Emirates Global Aluminium's acquisition of Leichtmetall Aluminium Gießerei Hannover GmbH was reported on March 28, 2024. Emirates Global Aluminium (EGA), a producer of premium aluminium, is set to acquire 100 percent of the German aluminium recycling company Leichtmetall Aluminium Gießerei Hannover GmbH. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Leichtmetall Aluminium Gießerei Hannover GmbH do?
Leichtmetall Aluminium Giesserei Hannover GmbH is a European specialty foundry that utilizes renewable energy to produce up to 30 thousand tonnes per year of billets, with a focus on using high-strength recycled aluminium. It is privately held, operating in Manufacturing, and is based in Hanover.
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