Gränges has signed an agreement to acquire remaining 49 per cent of GETEK GmbH and the business Dispal®
Gränges has signed an agreement to acquire the remaining 49 per cent of the shares in GETEK GmbH as well as the business Dispal[®], including assets, intellectual properties and trademark Dispal[®], for EUR 8.5 million from Erbslöh Aluminium GmbH, a WKW.group company. GETEK GmbH has been jointly owned by Gränges (51 per cent) and Erbslöh (49 per cent) since 2017. The acquisition is a good strategic fit for Gränges and strengthens the platform for profitable growth. GETEK GmbH produces aluminium billets utilizing advanced spray-forming technology. The company has two production facilities