China's Zhongwang buys German alumini...

China's Zhongwang buys German aluminium extruder ALUnna

Sep 13, 2017 Read more: Reuters

China Zhongwang Holdings Ltd said on Wednesday it had acquired a controlling stake in a German aluminium extrusion firm that mainly supplies aircraft manufacturers. Zhongwang, the world's second-largest aluminium extruder, would hold a 99.72 percent equity interest in Aluminiumwerk Unna AG via its wholly owned German subsidiary, Zhongwang Aluminium Deutschland GmbH, ALUnna said in a statement.

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