Constellium SE has agreed to sell three soft alloy extrusion facilities in Germany to Vaessen Aluminium for €48.8 million.

Target Information

Constellium SE has entered into a binding agreement to sell three of its soft alloy extrusion facilities located in Landau, Crailsheim, and Burg, Germany, to Vaessen Aluminium for a total cash consideration of €48.8 million. These facilities, employing nearly 450 workers, focus on manufacturing soft alloy extruded products serving the Building & Construction, Transportation, and Industry sectors throughout Europe.

Industry Overview in Germany

The soft alloy extrusion industry in Germany plays a vital role in the European market, largely due to the country's strong engineering and manufacturing capabilities. Germany, being one of the largest economies in Europe, hosts numerous companies that heavily rely on high-quality extruded products for construction and transportation.

As the demand for lightweight and sustainable materials increases, particularly in construction and automotive sectors, the soft alloy extrusion market in Germany is poised for s