Emirates Global Aluminium Acquires 80% Stake in Spectro Alloys

August 22, 2024

Emirates Global Aluminium (EGA) has acquired an 80% majority stake in US aluminium recycling firm Spectro Alloys Corporation, with the company’s owner‑managers retaining 20%. The deal expands EGA’s recycling footprint and US domestic production capacity and will support Spectro Alloys’ ongoing Rosemount expansion (approximately +55,000 tonnes/year in phase one).

Buyers
Emirates Global Aluminium (EGA)
Targets
Spectro Alloys Corporation
Sellers
Owner-managers of Spectro Alloys Corporation
Industry
Manufacturing
Location
Minnesota, United States
Transaction Type
Buyout

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