Mytilineos Holdings S.A. this week announced the purchase of EPALME, an independent aluminium billet manufacturer located north of Athens that uses pure aluminium ingots and recyclable aluminium scrap in its production process.
In a press release, Mytilineos said it purchased 97.89 percent of the company’s shares for 20 million euros, a figure that includes EPALME’s debts.
The transaction will be finalized after approval by a relevant competition commission.
