Gränges AB

Gränges Issues Updated Prospectus For Planned Sustainable Medium Term Note Issuance

Gränges Issues Updated Prospectus For Planned Sustainable Medium Term Note Issuance

Swedish rolled aluminium firm Gränges AB released an updated prospectus for its medium-term note (MTN) and a combined Green and Sustainability-Linked Finance Framework this week. The aim of the new prospectus and report is to provide potential investors with an independent third-party...

Events

Gränges Completes Acquisition Of Aluminium Konin

Swedish rolled aluminium firm Gränges AB announced on Friday the completion of its acquisition of Polish flat rolled aluminium producer Aluminium Konin. Per the firm, the acquisition will enhance its product line-up and presence on the European continent. Gränges anticipates that the move will also expand the firm’s offerings in the transportation arena, especially for […]

Gränges Obtains Regulatory Green Light For Purchase Of Aluminium Konin

Swedish rolled aluminium firm Gränges AB announced earlier this week that it has obtained clearance from the EU Commission to proceed with its purchase of Polish flat-rolled aluminium producer Aluminium Konin. Gränges first announced the sale last November, in which it will purchase the Boryszew Group subsidiary for SEK2.3 billion (US$240.8 million). In addition to […]

Gränges To Purchase Remaining Interest In GETEK From Erbslöh For €8.5 Million

Swedish rolled aluminium firm Gränges AB said yesterday it has agreed to buy the remaining 49-percent interest in aluminium billet producer GETEK GmbH from German firm Erbslöh Aluminium GmbH for €8.5 million (US$10.1 million). Per Gränges, GETEK’s addition to its portfolio will help it grow its market share in the aluminium sector by introducing it […]

Gränges Announces Layoff Of 75 Employees At Finspång Plant

Swedish rolled aluminium firm Gränges AB said on Wednesday that it is negotiating with the labor union at its facilities over a corporate reorganization that will see the culling of 75 positions in Finspång. Per the firm, the move is being done in an effort at strengthening Gränges Europe’s offerings and to shore up its […]