Arconic sells its Italian plant to Slim Aluminum

The current situation of the sector takes us to Italy, where the aluminum manufacturer Arconic announced in early April the sale of its rolling mill in Fusina to the Italian Slim Aluminum.

According to Arconic, the sale of the plant, located on the outskirts of Venice, is the result of an exhaustive business review process, which has led Arconic Global Rolled Products (GRP) to set aside commodity production And focus on the manufacture of high-margin aerospace and automotive products.

The buyer, Slim Aluminum, is a rolling mill based in Italy, owned by the funds managed by Quantum Capital Partners GmbH, an Munich-based investment company founded in 2008. It has a nominal capacity of 92,000 metric tons Aluminum foil, reels, sheets, circles, and blanks a year.

Both Arconic and Slim Aluminum are part of the network of customers with whom Rodabell works and collaborates closely in engineering projects.