Company News, Packaging News

Alcan Sells Aluminum Tubes Business

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By: TOM BRANNA

Editor

Alcan Inc. has sold its aluminum tubes business to its current management team and 21 Centrale Partners, an investment fund specializing in high-potential, mid-sized industrial companies. The sale consists of three plants located in Saumur, France; Kolin, Czech Republic; and Cividate al Piano, Italy. The business’ nearly 800 employees will continue to work for the new entity.

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