Constellium completes the sale of its Landau, Crailsheim and Burg facilities
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Constellium completes sale of three soft alloy extrusion facilities in Germany to Vaessen Aluminium for €48.8 million.
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PARIS, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Constellium (NYSE: CSTM) announced today the completion of the sale of three of its soft alloy extrusion facilities located in Landau, Crailsheim and Burg in Germany to Vaessen Aluminium, for a total cash consideration of
This announcement follows the completion of the regulatory approval process.
About Constellium
Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated
www.constellium.com
| Jason Hershiser - Investor Relations Phone: +1 (443) 988-0600 investor-relations@constellium.com | Delphine Dahan-Kocher - Communications Phone: +1 (443) 420 7860 delphine.dahan-kocher@constellium.com |
Constellium SE
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Alumina Refining and Primary Aluminum Production
Manufacturing
United States of America
Paris
About CSTM
for constellium, aluminum is more than a metal. it is the material that takes the shape of our ideas so our ideas may shape the world. with our expert teams, world-class r&d center and outstanding facilities, we are a global leader in developing and manufacturing innovative, value-added and recyclable aluminum products for a broad range of markets and applications, including aerospace, automotive and packaging. curious, passionate and determined, with over 10,000 employees we are always exploring new boundaries, and together with our partners we can shape a future of infinite possibilities. constellium (nyse and euronext: cstm) generated €4.7 billion in sales in 2014 (pro forma revenue post acquisition of wise metals).