Rusal announced today that it has completed the acquisition of German aluminum alloy maker Aluminium Rheinfelden.
The acquisition was completed after approval from the German Federal Cartel Office and the German Federal Ministry of Economic Affairs and Energy. Eric Martinet, Rusal’s automotive and transportation director, will take over as Aluminium Rheinfelden’s new chief executive officer, the company stated.
With this acquisition, Rusal will become the supplier of choice for many automotive customers, as the company will merge Rheinfelden’s niche product portfolio with its own low carbon-aluminum alloy products.