Elval, Halcor to merge to form stronger export-focused entity

Halcor Metal Works SA and Elval Hellenic Aluminium Industry SA will merge by absorption of the latter by the former, according to Belgium-based parent holding company Viohalco.

Halcor, which is listed on the Athens Exchange, will absorb Elval by December 31, 2017 – no valuation has been made yet. “Through this merger by absorption, a substantial,...


Perrine Faye

July 20, 2017

10:56 GMT