SeAH Besteel Acquires Changwon Precision Extrusions from Arconic
March 27, 2020
SeAH Besteel Corporation has acquired Changwon Precision Extrusions (CPE) from Arconic, Inc. The acquisition gives SeAH access to CPE's hard-alloy aluminum extrusion, casting, and thermal-processing capabilities, diversifying SeAH's portfolio into non-ferrous specialty alloys and strengthening its position in aerospace and defense end markets.
- Buyers
- SeAH Besteel Corporation
- Targets
- Changwon Precision Extrusions
- Sellers
- Arconic, Inc.
- Industry
- Manufacturing
- Location
- South Gyeongsang Province, South Korea
- Transaction Type
- Divestiture
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