M&A Deal Summary

Alcoa Acquires REDD Team Mfg.

On November 30, 2001, Alcoa acquired metals/mining company REDD Team Mfg.

Acquisition Highlights
  • This is Alcoa’s 8th transaction in the Metals/Mining sector.
  • This is Alcoa’s 10th transaction in the United States.
  • This is Alcoa’s 1st transaction in Florida.

M&A Deal Summary
Date 2001-11-30
Target REDD Team Mfg.
Sector Metals/Mining
Buyer(s) Alcoa
Deal Type Add-on Acquisition

Target

REDD Team Mfg.

Keystone Heights, Florida, United States
REDD Team Mfg. is a fast growing, highly specialized manufacturer of durable extruded aluminum products for institutional, commercial, residential, military and municipal markets. It manufactures ramps and stair systems; gangways and floating docks; and pedestrian bridges. REDD team offers a complete line of accessibility products that conform to the Americans with Disabilities Act guidelines.

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Buyer(S) 1

Buyer

Alcoa

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1886
Sector Metals/Mining
Employees13,600
Revenue 10.6B USD (2023)
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 14 of 24
Sector (Metals/Mining) 8 of 11
Type (Add-on Acquisition) 11 of 18
State (Florida) 1 of 1
Country (United States) 10 of 17
Year (2001) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-20 Laser Armor Tech

San Diego,, California, United States

Laser Armor Tech Corporation a manufacturer of laser welded stainless steel tubes for optical fibers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-03-01 Engineered Plastic Components

Grinnell,, Iowa, United States

Engineered Plastic Components, produces injection molded plastic components and assemblies for use in electrical and electronic systems for the automotive industry and in selected applications for telecommunications and medical markets.

Buy -
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