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Issue #: Vol. 68, No. 5
Year: 2010
Pages: 3
Summary: Alcan Engineered Products will be a stand alone business, with Apollo Global Management taking a 51% stake in the company, Fonds Strategique d'Investissement (FSI) a 10% stake, and Rio Tinto retaining a 39% stake in its business units divestiture. This article briefly looks at the sale, and discusses the structure of the new company, including three of the business units (Alcan Global Aerospace, Transportation and Industry, Alcan Specialty Sheet, and Alcan Extrusions & Automotive Structures).
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