Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Acquisition creates "worlds largest aluminium roller"

The acquisition of Novelis by Hindalco has been completed. This move has created the "worlds largest aluminium roller" and one of the biggest producers of aluminium in Asia.

Novelis will operate as a subsidiary of Hindalco, with increased financial stability and access to funding.

In response to the changes Novelis Recycling National Manager Andy Doran said: It is very good news for Novelis. Hindalco and Novelis have complementary strengths and the marriage of the two will be a very happy affair.

In the UK it will be business as usual, with no major changes planned. We will still trade under the Novelis name and while there may be some minor rebranding at some point, it is generally a very positive move.

Hindalco is the flagship company in the Aditya Birla Group, which contains global diversified companies.

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.