Aludium Sold to Jupiter Aluminum Corporation
Atlas formed Aludium in 2015 following the purchase of the Spanish and French system rolling assets of Alcoa Corporation. Today, Aludium is a leading aluminum rolled products business with operations across three locations in Europe, a diverse product portfolio, an experienced team, and a firm commitment to sustainability.
Over the past eight years, Aludium has become a strong, standalone business that embraced recycling activities as a key value driver. Jupiter Aluminum has been recycling aluminum for more than 30 years, sharing Aludium’s focus on sustainability to drive business performance and innovation. The company operates recycling assets, rolling mills and paint lines in Indiana and West Virginia. With operations in Spain and France, Aludium will provide Jupiter with strategic presence in Europe to complement the company’s US footprint.
To learn more, please read the press release issued at signing: ATLAS HOLDINGS ANNOUNCES SALE OF ALUDIUM TO JUPITER ALUMINUM CORPORATION