Advised on sale of majority share

Industrials

Liaoning Zhongwang Group Co. Ltd.

Leading global manufacturer of aluminum products China

Acquired Majority Control of Business Operations

Aluminiumwerk Unna AG

Leading manufacturer of aluminum alloy tubes Germany

Advised Aluminiumwerk Unna AG on the sale of a majority stake to Liaoning Zhongwang Group

Zhongwang has acquired a majority stake in Aluminiumwerk Unna AG. The international positioning of Zhongwang as well as the resulting extended customer base will leverage additional business potentials and will further strategically enhance existing customer relationships.

Aluminiumwerk Unna AG, Unna, Germany

Aluminiumwerk Unna AG is a leading manufacturer of aluminum alloy tubes as well as tubular profiles and provides its international customer base with products for the application areas mechanical and plant engineering, automotive industry, electrical engineering, aerospace.

Liaoning Zhongwang Group Co. Ltd., Liaoyang City, China

Liaoning Zhongwang Group is a global manufacturer of aluminum products with an annual production capacity of more than one million tons. It is listed on the Hong Kong Stock Exchange.

 

 

IMAP initiated the transaction on behalf of the seller and handled it in all its phases.