Gränges is a global leader in aluminium rolling and recycling in selected niches. We’re committed to creating circular and sustainable aluminium solutions in partnership with our customers and suppliers - for a better future.
Gränges is a global leader in aluminium rolling and recycling. We help customers grow and transition to climate neutrality. Our products enable efficient climate control in transportation and buildings, electrification and battery components, recyclable packaging, and more.
Gränges Endure is our product brand for aluminium solutions that combine the highest technical and sustainability performance.
Gränges’ ambition is to create circular and sustainable aluminium solutions for a better future. Sustainability, alongside people and safety, is a key driver of the company’s long-term competitiveness and value creation. These elements are at the core of Gränges’ business and strategy, emphasizing their central role in differentiating the company within the industry.
Investor Relations Director
Anna Hedenberg
anna.hedenberg@granges.com +46 76 869 96 48
Working at Gränges means being surrounded by proud, talented and motivated colleagues – in a safe work environment. Our success is based on extensive industrial craftsmanship and highly employees.
Today 3,500 employees make up Gränges Group in three regions: Americas, Asia and Europe. Gränges is a global company with local presence. Are you joining the team?
Here we have brought together our press releases, financial reports and images. Gränges aims to provide open and clear information disclosure. You are very welcome to contact us if you have questions.
VP Communication & Investor Relations
Sara Lander Hyléen
sara.hyleen@granges.com +46 709 16 16 41
Gränges has signed an agreement to acquire the Polish flat rolled aluminium producer Aluminium Konin from Boryszew Group.
The acquisition strengthens Gränges product offering and presence in Europe and contributes to a strong position in new attractive adjacent niche markets. Aluminium Konin adds new capabilities and capacity to expand Gränges’ offering of sustainable solutions for future vehicles and creates a stronger position in growing markets.
The transaction is subject to regulatory approval by the relevant competition authorities. Closing is expected in the second quarter of 2020.
Johan Menckel, CEO Gränges
“I am delighted to announce that we have signed an agreement to acquire Aluminium Konin. The acquisition is a good strategic fit and complements our business and geographic presence very well. Aluminium Konin contributes with technically advanced operations, strategically located in Central Europe. Together we are creating a strong platform for product mix optimization and sustainable profitable growth. Aluminium Konin strengthens Gränges’ product offering for new niche markets and enables a broader offering of solutions for future vehicles. The acquisition will sharpen our competitive strength and create a stronger position in growing markets to further drive the development of sustainable customer offerings”, says Gränges’ CEO Johan Menckel.
Link to press releasegranges.com/media/press-releases/2019/granges-has-signed-an-agreement-to-acquire-aluminium-konin/
Aluminium Konin is based in Konin, Poland, and operates a cost competitive integrated rolling mill with a complete set of highly developed capabilities and offers a diversified product portfolio of flat rolled aluminium products. The product portfolio includes material for automotive heat exchangers, specialty packaging and automotive structures for customers in Europe. Aluminium Konin is also a cost competitive supplier to distributors of aluminium and other metals. The location in Konin with close geographical proximity to key customers provides good opportunities to further expand closed loop recycling systems of aluminium, an area of increased importance for the industry. Aluminium Konin has a production capacity of approximately 100 ktonnes and a strong financial track-record. The company has approximately 750 employees.
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