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Anjum Shabbir
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22nd January 2020
Competition & State Aid

Commission clears acquisition of Aleris divestment business

The Belgian Aleris Divestment Business (manufacturer and seller) can officially be acquired by Singaporean Liberty House Group Pte Ltd (metals recycling and a manufacturer), approval having now been given by the Commission. 

Although there was a vertical link found between the overlap in activities – production of aluminium flat rolled products and a supply of aluminium slabs – the Commission found this was on a limited scale, and concluded that there were no competition concerns arising from the acquisition. 

There is a separate ongoing assessment concerning Liberty’s purchasing of the same business (M.9076 – Novelis/Aleris). 

Click here to access the Commission’s press release.

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