M&A Deal Summary

Jupiter Aluminum Acquires Aludium

On April 17, 2023, Jupiter Aluminum acquired metals/mining company Aludium from Atlas Holdings

Acquisition Highlights
  • This is Jupiter Aluminum’s 1st transaction in the Metals/Mining sector.
  • This is Jupiter Aluminum’s 1st transaction in Spain.

M&A Deal Summary

Date 2023-04-17
Target Aludium
Sector Metals/Mining
Buyer(s) Jupiter Aluminum
Sellers(s) Atlas Holdings
Deal Type Add-on Acquisition

Target

Aludium

Alicante, Spain
Aludium consists of the former Alcoa mills located in Castelsarrasin (France), Amorebieta and Alicante (Spain), and the state-of-the-art Cindal research and development facility in Alicante. Aludium produces engineered, high-quality products for a broad array of sectors including building and construction, brights and decoration, closures and cosmetics.

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Buyer(S) 1

Buyer

Jupiter Aluminum

Hammond, Indiana, United States

Category Company
Sector Metals/Mining
DESCRIPTION

Jupiter Aluminum manufactures flat-rolled aluminum products primarily from recycled materials for markets including building and construction, automotive, and industrial applications. The Company performs processes such as melting, casting, rolling, and coil coating across its U.S. facilities and operates internationally through subsidiaries in Europe. Jupiter Aluminum is headquartered in Hammond, Indiana.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Atlas Holdings

Greenwich, Connecticut, United States

Category Private Equity Firm
Founded 2002
Size Large
Type Sector Agnostic
DESCRIPTION

Atlas Holdings is a private equity and investment holding firm focused on acquiring controlling interests in businesses operating in traditional, basic industries. Areas of interest include automotive, business services, industrial services, building materials, pulp and paper, distribution, energy, packaging, specialty steel and wood products. The Firm will participate in bankruptcy investments, highly structured equity and debt investments, leveraged ESOP acquisitions, out-of-court restructurings, and roll-ups. Atlas typically partners with private and institutional investors and structures one investment at a time. Atlas Holdings was established in 2002 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 11 of 14
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 8
Country: Spain M&A 1 of 1
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-14 International Wire Group

Camden, New York, United States

International Wire Group is a designer and manufacturer of highly-engineered copper-based wire products. IWG’s products are utilized in end markets such as industrial and energy, electronics and data communications, automotive and specialty vehicles, aerospace and defense, medical products and consumer and appliance industries. International Wire Group was formed in 1995 and is based in Camden, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 US Farathane

Auburn Hills, Michigan, United States

US Farathane is a manufacturer and supplier of functional black plastic, interior, and exterior plastic components intended to innovate and pair with solid value. The company's manufacturing division designs highly engineered plastic injection-molded components in a variety of sizes and shapes and supply both functional and decorative parts to companies in the Automotive industry. US Farathane was founded in 1971 and is based in Auburn Hills, Michigan.

Buy -