Advised on sale of majority shareIndustrials
Acquired Majority Control of Business Operations
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 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 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.