M&A Deal Summary

Alcoa Acquires Aluminum Reynolds de Venezuela

On August 28, 2000, Alcoa acquired metals/mining company Aluminum Reynolds de Venezuela

Acquisition Highlights
  • This is Alcoa’s 3rd transaction in the Metals/Mining sector.
  • This is Alcoa’s 1st transaction in Venezuela.
Investment Fate
  • Aluminum Reynolds de Venezuela was divested to a consortium of strategic buyers in 2004.

M&A Deal Summary

Date 2000-08-28
Target Aluminum Reynolds de Venezuela
Sector Metals/Mining
Buyer(s) Alcoa
Deal Type Add-on Acquisition

Target

Aluminum Reynolds de Venezuela

Venezuela
Aluminum Reynolds de Venezuela is a small extrusions company producing approximately 2800 tons of extrusions per year.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Alcoa

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1886
Sector Metals/Mining
Employees13,900
Revenue 11.9B USD (2024)
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 founded in 1886 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 6 of 24
Sector: Metals/Mining M&A 3 of 11
Type: Add-on Acquisition M&A Deals 5 of 18
Country: Venezuela M&A 1 of 1
Year: 2000 M&A 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-04 Baco Consumer Products

Telford, United Kingdom

Baco Consumer Products, Ltd. is a supplier of household wraps in the U.K. Baco Foodservice offers a full line of aluminum foil, trays, food and freezer bags, and plastic wrap.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-30 Mt. Holly Aluminum Smelter

Goosecreek, South Carolina, United States

Mt. Holly Aluminum Smelter produces approximately 224,000 metric tonnes of aluminum per year. Mt. Holly, is the most advanced plant of its kind in the United States, a pacesetter in production efficiency, energy utilization and environmental protection.

Buy -