Home Novelis to buy Aleris for $2.6 billion [UPDATED] Novelis, a subsidiary of India's Hindalco, has agreed to buy US-based downstream aluminium producer Aleris for $2.6 billion, it said on Thursday July 26. Novelis will acquire Aleris' 13 manufuacturing facilities in North America, Asia and Europe. That includes Aleris's new Lewisport, Kentucky automotive finishing line - with 200,00 tonnes of production capacity -... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Justin Yang July 26, 2018 12:55 GMT London Keywords Novelis Aleris purchase Aleris purchase by Novelis Hindalco subsidiary purchase Novelis Aleris Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
