AMG Acquires Aluminum Master Alloy Producer KB Alloys, LLC

AMG Advanced Metallurgical Group N.V. (AMS:AMG) reports that the company has acquired entire LLC interests of KB Alloys, LLC from CHS Capital LLC for $23.5 million in cash.

The press release is quoted as saying:

AMG, through its Advanced Materials division subsidiary London & Scandinavian Metallurgical Co Limited, is the market leader in Europe and South America for aluminium master alloys, grain refiners and aluminium powder technologies with production sites in the United Kingdom and Brazil. KBA is the market leader in North America for the same products with production sites in Kentucky and Washington, USA. Both companies have complimentary operations in China located in Jiangsu and Jiaxing provinces.

Click here to access the entire press release

Get the Latest Aluminum Investing Stock Information

Get the latest information about companies associated with Aluminum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

resource ebook2

Get the Top Stories on Resource Investing FREE!

  Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.

Leave a Reply