Trimet Aluminium SE has acquired Voerde Aluminium GmbH and all 280 of its employees. The company, which is currently in bankruptcy proceedings, manufactures primary aluminum and carbon anodes used in electrolysis for metal extraction. Trimet will continue to run the aluminum smelter and anode factory at its location on the Lower Rhine and will take over the full staff.
“We are pleased that we can continue to run Voerde Aluminium GmbH as a viable long-term production site and secure existing jobs,” says Heinz-Peter Schlüter, owner and Supervisory Board Chairman of Trimet Aluminium SE. The acquisition was contingent upon an EU-compliant asset relief scheme for the energy-intensive industry under the Renewable Energy Sources Act. This has removed any existing legal uncertainty and created planning security. “We hope that this legal certainty remains over the long term,” says Schlüter. With the Voerde location, the materials specialist has expanded its production capacity for primary aluminum, continuing the positive growth demonstrated over the past few years. “Key European industries have great demand for aluminum.
With the Voerde location, we can meet the growing demand. The staff and the technical equipment are perfectly aligned with Trimet’s orientation as a provider of customized solutions,” says Dr. Martin Iffert, CEO of Trimet Aluminium SE.
The medium-sized family enterprise operates production facilities at eight locations which manufacture, cast and recycle aluminum. In December 2013, Trimet acquired two production plants in France.
Source: trimet
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