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Hindalco to acquire US-based AluChem
June 25, 2025
|The New Indian Express Tadepalligudem
HINDALCO Industries, the metals flagship of the Aditya Birla Group, has announced acquisition of a 100% stake in US-based AluChem Companies, Inc, a prominent manufacturer of specialty alumina, for an enterprise value of $125 million (about ₹1,050 cr), the company said in a statement.
HINDALCO Industries, the metals flagship of the Aditya Birla Group, has announced acquisition of a 100% stake in US-based AluChem Companies, Inc, a prominent manufacturer of specialty alumina, for an enterprise value of $125 million (about ₹1,050 cr), the company said in a statement. The acquisition will be carried out through Aditya Holdings LLC, a stepdown wholly owned subsidiary of Hindalco.
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