Gränges AB

Gränges Buys Poland’s Aluminium Konin For SEK2.3 Billion

Gränges Buys Poland’s Aluminium Konin For SEK2.3 Billion

Swedish rolled aluminium firm Gränges AB announced on Thursday that it has come to an agreement to purchase its Polish counterpart Aluminium Konin from the Boryszew Group for SEK2.3 billion (US$240.8 million). Per the firm, the deal is equal to an EV/EBITDA...

Events

Gränges And Aurora Labs Ltd Ink Agreement To Discuss Enhanced Cooperation In 3D Aluminium Manufacturing

Swedish rolled aluminium firm Gränges AB and Australian metal 3D printing developer Aurora Labs Ltd signed a Memorandum of Understanding last week that contemplates increased commercial and research ties between the two firms. Operating through its wholly-owned subsidiary A3D Operations Pty Ltd., Aurora and Gränges agreed to a framework for possible future transactions between the […]

Gränges Purchases Utilities Infrastructure At Finspång From Jernbro For SEK93 Million

Swedish rolled aluminium firm Gränges AB announced on Friday the acquisition of the entirety of the utilities infrastructure at its plant in Finspång from industrial services provider Jernbro for SEK93 million (US$9.65 million). Per the firm, the buy-out of Finspång’s utilities infrastructure from Jernbro will insure the plant continues to receive a reliable and safe […]

Gränges Boosts Financial Flexibility With New Credit Facility Agreements

Swedish rolled aluminium firm Gränges AB said yesterday that it has refinanced a 2016 credit agreement it negotiated for the purchase of American subsidiary Gränges Americas Inc. Gränges indicates that the new credit facility is a revolving facility of SEK2,000 million and a term of 3 years with an option to extend for another 2 […]

Gränges Kicks Off Series Of Long-Term Sustainability Goals

Swedish rolled aluminium firm Gränges AB announced yesterday an initiative to achieve benchmarks for sustainable production and global competitiveness along the entirety of its value chain. The firm’s press release described a set of five sustainability targets that Gränges expects to meet by 2025, consisting of a reduction in accidents per million hours worked to […]

Gränges Joins Aluminium Stewardship Initiative

Swedish rolled aluminium firm Gränges AB announced yesterday that it is the newest member of the Aluminium Stewardship Initiative (ASI), joining the standards body earlier this month. In joining ASI, Gränges will begin work on achieving certification against the ASI Performance Standard for at minimum one facility or product within the first two years of […]