Constellium completed purchase of 49% Stake in Auto Body Sheet Joint Venture in Bowling Green, Kentucky
AMSTERDAM, the Netherlands, Jan. 11, 2019 (GLOBE NEWSWIRE) -- Constellium N.V. (NYSE: CSTM) announced today that it completed the previously disclosed purchase of Tri-Arrows Aluminum Holding Inc.’s (TAAH) 49% stake in Constellium-UACJ ABS, LLC (CUA) for $100 million plus the assumption of 49% of approximately $80 million of third party debt at CUA.
About Constellium
Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including automotive, aerospace and packaging. Constellium generated €5.2 billion of revenue in 2017.
www.constellium.com
Delphine Dahan-Kocher – Communications North America
Phone: +1 (443) 420 7860
delphine.dahan-kocher@constellium.com
Ryan Wentling – Investor Relations
Phone: +1 (443) 988 0600
Investor-relations@constellium.com
Noemie Fierens – Communications Europe
Phone: +33 1 73 01 46 73
noemie.fierens@constellium.com
Michela Aragno –Packaging and Automotive Rolled Products
Phone: + 41 44 438 6751
michela.aragno@constellium.com
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