Sapa completes agreement with Indalex

Sapa completed its purchase of US aluminium extrusion company Indalex in accordance with terms of the asset purchase agreement they entered into June 16.

As a part of the purchase, Sapa acquired Indalex's 11 active plants, six in the United States and five in Canada, with two cast houses and 29 presses and a total capacity of about 347,000 tons per year. Indalex has 1,400 employees. Through this acquisition Sapa strengthens its geographical coverage and logistical efficiencies to better serve North America, including an expansion into Canada.

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