Arconic - Ownership and Business Overview

ManufacturingCompany

Arconic Ownership

Who owns Arconic?

Arconic is owned by Apollo Global Management and Irenic Capital Management. It was acquired on May 4, 2023.

Is Arconic PE-backed?

Yes. Arconic is owned by private equity investors Apollo Global Management and Irenic Capital Management.

Arconic Business Overview

Where is Arconic headquartered?

Arconic is headquartered in Pittsburgh, Pennsylvania.

What is Arconic’s revenue?

Arconic disclosed revenue of 8,961M USD for 2022 and 7,504M USD for 2021.

How many employees does Arconic have?

Arconic has 11,550 employees.

What sector is Arconic in?

Arconic is a manufacturing company.

When was Arconic founded?

Arconic was founded in 1888.

Manufacturing M&A Summary in 2023

Out of 60 sectors in the Mergr database, manufacturing ranked 7 in number of deals in 2023. The largest manufacturing acquisition in 2023 was Arconic - which was acquired by Apollo Global Management for $5.2B.

Join Mergr to view all 272 acquisitions of manufacturing companies in 2023, including 56 acquisitions by private equity firms, and 216 by strategics.

Arconic

Arconic Corp.

201 Isabella Street,
Pittsburgh, Pennsylvania 15212
United States,
(412) 992-2500
www.arconic.com

Arconic is a manufacturer of aluminum sheet and plate products for the aerospace, automotive, commercial transportation, brazing and industrial markets. Arconic was founded in 1888 and is based in Pittsburgh, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 3 - - - - - 3
vol $13M $13M
  3

Most Recent M&A

Company Date Value Type
Firth Rixson Forgings Ltd. 2019-12-02 - Divestiture
Matlock, United Kingdom
RTI Energy Systems, Inc. 2019-08-16 13M USD Divestiture
Spring, Texas · www.rtiintl.com
Yadkin Hydroelectric Project 2017-03-16 - Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment - - 1 (33%) 13M (100%)
Metals/Mining - - 1 (33%) -
Renewable Energy - - 1 (33%) -
Total - - 3 $13M

By Geo

State/Country Buy Value Sell Value
United States - - 2 13M
  Texas - - 1 13M
United Kingdom - - 1 -
Domestic - - 2 (67%) 13M (100%)
Cross-border - - 1 (33%) -
Total - - 3 $13M

Deal Values

sell # Total
< $100M 1 $13M
TOTAL $13M
Largest RTI Energy Systems, Inc.
$13M (2019-08-16)

M&A Connections

Deals
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Manufacturing

Revenue

8,961   20% 2022
7,504   33% 2021
5,675   23% 2020
7,277   3% 2019
7,442   10% 2018
6,824   3% 2017
6,661   2016
(millions of USD) Show More Show Less

Employees

11,550

Established

1888

Former Name

Arconic Rolled Products Corporation

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