M&A Deal Summary

Kaiser Aluminum Acquires Alcoa Warrick

On November 30, 2020, Kaiser Aluminum acquired metals/mining company Alcoa Warrick from Alcoa for 670M USD

Acquisition Highlights
  • This is Kaiser Aluminum’s 1st transaction in the Metals/Mining sector.
  • This is Kaiser Aluminum’s largest (disclosed) transaction.
  • This is Kaiser Aluminum’s 3rd transaction in the United States.
  • This is Kaiser Aluminum’s 1st transaction in Indiana.

M&A Deal Summary
Date 2020-11-30
Target Alcoa Warrick
Sector Metals/Mining
Buyer(s) Kaiser Aluminum
Sellers(s) Alcoa
Deal Type Divestiture
Deal Value 670M USD

Target

Alcoa Warrick

Evansville, Indiana, United States
Alcoa Warrick LLC is an aluminum packaging facility that has shipped over 675 million pounds of aluminum, of which approximately 60% were high-margin coated packaging products in the last twelve months. The facility includes casting, significant hot and cold rolling capacity, and a range of finishing and coating lines, representing significant replacement value.

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Buyer(S) 1

Buyer

Kaiser Aluminum

Franklin, Tennessee, United States

website

Category Company
Founded 1946
Sector Metals/Mining
Employees4,000
Revenue 3.4B USD (2022)
DESCRIPTION

Kaiser Aluminum is a producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly-engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. Kaiser Aluminum was founded in 1946 and is based in Franklin, Tennessee.

DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 2 of 2
State (Indiana) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-19 Imperial Machine and Tool

Columbia, New Jersey, United States

Imperial Machine & Tool Co. is an advanced manufacturing company and a provider in multi-material additive manufacturing and machining technologies specializing in technically challenging and complex components and systems for aerospace and defense, automotive, high-tech and general industrial applications. Imperial Machine and Tool Co. was founded in 1959 and is based in Columbia, New Jersey.

Buy -

Seller(S) 1

SELLER

Alcoa

Pittsburgh, Pennsylvania, United States

website

Category Company
Founded 1886
Sector Metals/Mining
Employees13,100
Revenue 12.5B USD (2022)
DESCRIPTION

Alcoa is a lightweight metals engineering and manufacturing company. Alcoa’s multi-material products, which include aluminum, titanium, and nickel, are used worldwide in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Alcoa was incorporated in 1886 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 22 of 22
Sector (Metals/Mining) 7 of 7
Type (Divestiture) 19 of 19
State (Indiana) 1 of 1
Country (United States) 17 of 17
Year (2020) 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Alcoa - Avilés and La Coruña Aluminum Plants

Spain

Alcoa's Avilés and La Coruña Aluminum Plants produces and sells bauxite, alumina, and aluminum products in Spain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-11 Alumina

Southbank, Australia

Alumina engages in bauxite mining, alumina refining, and aluminum smelting businesses. It has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, Spain, and Saudi Arabia; and holds a 55% interest in the Portland aluminum smelter in Victoria, Australia. Alumina was founded in 1970 and is based in Southbank, Australia.

Buy $2.2B
Mergr

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