Constellium completes the sale of its Landau, Crailsheim and Burg facilities
By:
Constellium Paris via
GlobeNewswire
October 04, 2023 at 08:00 AM EDT
PARIS, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Constellium (NYSE: CSTM) announced today the completion of the sale of three of its soft alloy extrusion facilities located in Landau, Crailsheim and Burg in Germany to Vaessen Aluminium, for a total cash consideration of €48.8 million.
This announcement follows the completion of the regulatory approval process.
About Constellium
Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €8.1 billion of revenue in 2022.
www.constellium.com
| Jason Hershiser - Investor Relations Phone: +1 (443) 988-0600 investor-relations@constellium.com | Delphine Dahan-Kocher - Communications Phone: +1 (443) 420 7860 delphine.dahan-kocher@constellium.com |
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