{"id":13449,"date":"2023-08-02T22:19:58","date_gmt":"2023-08-02T16:49:58","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/constellium-to-sell-three-german-extrusion-plants-to-vaessen-aluminium\/"},"modified":"2023-08-02T16:54:01","modified_gmt":"2023-08-02T16:54:01","slug":"constellium-to-sell-three-german-extrusion-plants-to-vaessen-aluminium","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/constellium-to-sell-three-german-extrusion-plants-to-vaessen-aluminium\/","title":{"rendered":"Constellium to sell three german extrusion plants to Vaessen Aluminium"},"content":{"rendered":"

Constellium, Paris,\u00a0 announced that it signed a binding agreement with Vaessen Aluminium for the sale of three of Constellium\u2019s soft alloy extrusion facilities located in Landau, Crailsheim and Burg in Germany for a total cash consideration of \u20ac48.8 million.<\/span><\/p>\n

With nearly 450 employees, the three Constellium plants specialize in soft alloy extruded products for the Building & Construction, Transportation and Industry markets in Europe.<\/span><\/p>\n

Vaessen Aluminium belongs to a longstanding family-owned industrial group, headquartered in Belgium, active in aluminum billets and profiles (E-Max), in lighting and ceiling (Kreon) and in wall cladding (Limeparts Drooghmans).<\/span><\/p>\n

The transaction is expected to close in the second half of 2023 and is subject to customary closing conditions and regulatory approval.<\/span><\/p>\n

Read further here.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Constellium, Paris,\u00a0 announced that it signed a binding agreement with Vaessen Aluminium for the sale of three of Constellium\u2019s soft alloy extrusion facilities located in Landau, Crailsheim and Burg in Germany for a total cash consideration of \u20ac48.8 million. With nearly 450 employees, the three Constellium plants specialize in soft alloy extruded products for the […]<\/p>\n","protected":false},"author":59508,"featured_media":13450,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[489,603,465,449,475,476,503,469,466,454,440,441],"tags":[],"class_list":["post-13449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-annealing","category-coating","category-coating-microstructures-and-properties","category-equipment","category-furnace-atmospheres","category-furnaces-and-equipment","category-heat-treating","category-industries-and-applications","category-materials-properties-and-performance","category-metals-and-alloys","category-news","category-news-articles"],"yoast_head":"\nConstellium to sell three german extrusion plants to Vaessen Aluminium - Heat Treating Society<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asminternational.org\/hts\/constellium-to-sell-three-german-extrusion-plants-to-vaessen-aluminium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Constellium to sell three german extrusion plants to Vaessen Aluminium - Heat Treating Society\" \/>\n<meta property=\"og:description\" content=\"Constellium, Paris,\u00a0 announced that it signed a binding agreement with Vaessen Aluminium for the sale of three of Constellium\u2019s soft alloy extrusion facilities located in Landau, Crailsheim and Burg in Germany for a total cash consideration of \u20ac48.8 million. 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