-- Speira customers will benefit from more high-quality products with a low 
carbon footprint
 -- As part of Speira, Real Alloy Europe will continue to provide significant 
third-party recycling services to the European aluminium industry

Speira today announced that it has signed a definitive agreement to acquire the 
European business ("Real Alloy Europe") of Real Alloy. Completion of the 
transaction is subject to customary closing conditions and approvals.

Real Alloy Europe is a leading European recycler of aluminium and magnesium 
scrap and related byproducts, with seven facilities and approximately 600 
employees across Germany, Norway, France and the United Kingdom. The 
acquisition will enhance Speira's ability to utilize recycled metal in its 
production and deliver high-quality, low carbon rolled aluminium products to 
its customers.

Speira CEO Einar Glomnes said, "The integration of Real Alloy Europe into 
Speira will accelerate our strategy of creating closed loops from scrap to 
final product and back. We look forward to investing further in Speira's and 
Real Alloy Europe's combined capabilities to meet the market's demand for 
sustainable and circular solutions."

"Following the acquisition, Speira will continue to focus on delivering 
third-party recycling services to existing and new customers of Real Alloy 
Europe. We will be serving the whole European aluminium industry, working 
closely with customers across the value chain," said Glomnes.

About Speira

Speira is a leading aluminium rolling and recycling company, producing 
approximately one million tonnes per year of aluminium rolled products. Speira 
operates seven manufacturing facilities and an R&D center across Germany and 
Norway, including its joint venture Alunorf, the world's largest aluminium 
rolling mill, and Grevenbroich, the world's largest rolled aluminium finishing 
mill. Speira has approximately 5,000 employees. Speira is proud to serve some 
of the most well-known companies in the global automotive, packaging, printing, 
engineering, building and construction industries. Speira is headquartered in 
Grevenbroich, Germany. For more information about Speira, please visit 
www.speira.com.

About Real Alloy Europe

Real Alloy Europe is a leading recycler of aluminium and magnesium scrap and 
related byproducts, providing metal and conversion capacity for industries 
including automotive, construction, aerospace and packaging. Real Alloy Europe 
has seven facilities located in Germany (Grevenbroich, Töging and Deizisau), 
Norway (Eidsvåg and Raudsand), France (Les Islettes) and the United Kingdom 
(Swansea), and approximately 600 employees. Real Alloy Europe is headquartered 
in Grevenbroich, Germany. For more information about Real Alloy Europe, please 
visit www.realalloy.com/eu.

 
SOURCE: Speira


CONTACT: Moritz Hansen, Speira Head of Communication & Marketing, M: +49 (0) 
173 102 40 97, T: + 49 (0) 2181 66 2054, E: moritz.hansen@speira.com