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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