Welcome to the family!
We are happy to announce that our shareholder, Mengtai Group, has acquired Alu Menziken Extrusion AG, further solidifying our presence in the European aluminum market.
With this strategic acquisition, we continue demonstrating our commitment to innovation and growth in the aluminum industry. This acquisition, along with the complementary market access and strategic fit of the apt Group and Alu Menziken groups, presents a perfect opportunity to jointly become a major player in the European aluminum extrusion and processing business. The upcoming synergies will enable us to deliver higher value and better solutions to our customers, driving innovation and growth for both companies.
Ao Bo, Vice Chairman of our shareholder, remarks:
„With this acquisition, we clearly underline our commitment to being the premier partner for our customers, providing full value across all market segments, from raw materials to complex product applications. We thank all employees, partners, and customers for their support and cooperation during this exciting time.“
apt and Alu Menziken will continue their operations as usual. Customer and supplier relationships will remain unaffected. To leverage synergies, we will adopt a collaborative approach, actively involving both groups and their employees to identify areas for cooperation.
Michael Zint, CEO of the apt group, states:
„Combining the apt Group and Alu Menziken Group under the umbrella of our shareholder offers great opportunities for growth and innovation with complementary market approaches and strengths of both groups.“
We look forward to the synergies and opportunities that this new partnership will bring, driving forward our mission to be leaders in the aluminum industry. Welcome, Alu Menziken Group, to the family!
