M&A Deal Summary

Emirates Global Aluminium Acquires Spectro Alloys

On August 22, 2024, Emirates Global Aluminium acquired metals/mining company Spectro Alloys

Acquisition Highlights
  • This is Emirates Global Aluminium’s 1st transaction in the Metals/Mining sector.
  • This is Emirates Global Aluminium’s 1st transaction in the United States.
  • This is Emirates Global Aluminium’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2024-08-22
Target Spectro Alloys
Sector Metals/Mining
Buyer(s) Emirates Global Aluminium
Deal Type Add-on Acquisition

Target

Spectro Alloys

Rosemount, Minnesota, United States
Spectro Alloys is a secondary foundry alloy producer in the United States. The company has a production capacity of approximately 110 thousand tonnes per year of aluminium ingots, with a carbon intensity of less than one tonne of CO2 equivalent per tonne of aluminium produced. Spectro Alloys was founded in 1973 and is based in Rosemount, Minnesota.

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Buyer(S) 1

Buyer

Emirates Global Aluminium

Dubai, United Arab Emirates
Category Company
Sector Metals/Mining
DESCRIPTION

Emirates Global Aluminium is a premium aluminium’ producer and an industrial company in the United Arab Emirates outside oil and gas. Emirates Global Aluminium is based in Dubai, United Arab Emirates.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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