Sanjeev Gupta

Gupta Assures Market That Closures Of Aluminium And Steel Plants Will Not Happen On His Watch

Gupta Assures Market That Closures Of Aluminium And Steel Plants Will Not Happen On His Watch

Despite ever more ominous news coming from one of its biggest financial partners, GFG Alliance head man Sanjeev Gupta promised this week that plant closures would not occur “under [his] watch.” According to financial industry reporting on Thursday, the administrator handling Greensill...

Events

GFG Alliance Groups Aluminium Assets Into Paris-Based Firm ALVANCE

Sanjeev Gupta’s GFG Alliance announced on Monday its decision to gather its aluminium assets into one Paris-based firm named ALVANCE Aluminium Group (ALVANCE). The announcement by the privately-held metals conglomerate is following through on an announcement it made last fall that its steel assets would soon be merged in anticipation of a listing on a […]

GFG Alliance Inks Deal To Buy Duffel Aluminium From Novelis

Sanjeev Gupta’s GFG Alliance said yesterday it has agreed to buy Novelis’s Duffel BVBA aluminium plant in Belgium for an undisclosed sum. Yesterday’s purchase of the Belgian mill is the latest in a series of aluminium and steel purchases by GFG in recent months and years. The firm purchased Europe’s biggest aluminium smelter in Dunkirk, […]