Novelis Inc acquires Aleris Corporation
Novelis Inc, a world leader in aluminium rolling and recycling, has acquired Aleris Corporation, a global supplier of rolled aluminium products.
The acquisition means that Novelis is now better positioned to meet increasing customer demand for aluminium by expanding its product portfolio; creating a more skilled and diverse workforce; and deepening the company’s commitment to safety, sustainability, quality and partnership.
With the addition of Aleris’ operational assets and workforce, Novelis is poised to more efficiently serve the growing Asia market by integrating complementary assets in the region including recycling, casting, rolling and finishing capabilities.
Novelis has said it will also add aerospace to its portfolio and enhance its ability to continue bringing innovative products to market, strengthen its research and development capabilities and deliver on its purpose of shaping a sustainable world.
Click here to hear from Novelis president and CEO, Steve Fisher, on the company’s acquisition.