APALT plans to acquire ALUnited, which focuses on the research and manufacturing of key safety components for passenger vehicles
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APALT plans to acquire 100% equity of ALUnited in France and Denmark through its wholly-owned subsidiary for €1.533 million and increase its capital by €1.467 million for production and operation. ALUnited is a leading manufacturer of high-end automotive safety aluminum components in Europe, focusing on the research and development of key safety components for passenger vehicles. This acquisition aims to enhance APALT's core capabilities in the global high-end automotive safety components sector, integrate advanced manufacturing systems, strengthen technological capabilities, and promote a global high-end manufacturing layout
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