IFLR1000

Novelis €200 million acquisition of Constellium rolling business assets

27/7/2018
Asset acquisition
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€ 200 million

$ 219.3 million

Completed

27/7/2018

Overview:

  • Industrial aluminium company Novelis has acquired the operating facilities and manufacturing assets in Sierre from Constellium for €200 million.
  • The assets were previously leased by Constellium to Novelis and both parties will continue their operations at the plant. 

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal type:

Asset acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firms:
Bär & Karrer

Party: Constellium (Seller)

Lawyers: Daniel Flühmann, Peter Hsu, Thomas Rohde, Urs Kägi

CMS von Erlach Partners

Party: Novelis (Acquirer)

Lawyer: Sibylle Schnyder

Husch Blackwell

Party: Novelis (Acquirer)

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