Company News, Packaging News

Alcan Sells Aluminum Tubes Business

Alcan Inc. has sold its aluminum tubes business to its current management team and 21 Centrale Partners, an investment fund specializing in high-potential, mid-sized industrial companies. The sale consists of three plants located in Saumur, France; Kolin, Czech Republic; and Cividate al Piano, Italy. The business’ nearly 800 employees will continue to work for the new entity.

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