Russia’s aluminium flagship Rusal has agreed to acquire the business and assets of Aluminium Rheinfelden out of insolvency. Aluminium Rheinfelden is one of Germany’s leading manufacturers of aluminium alloys, semis and carbon-based components and a major supplier to the global automotive industry. The company’s track record of innovation and R&D, combined with its technical expertise (Aluminium Rheinfelden owns over 70 patents) and deep connections into the automotive sector, will help strengthen Rusal’s position as the supplier of choice to its Rusal to acquire insolvent Aluminium Rheinfelden international network of automotive customers. The transaction is expected to deliver strong commercial synergies by matching Aluminium Rheinfelden’s high-end niche product focus with Rusal’s global scale low-carbon aluminium alloy production.
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