01/11/2019

Constellium completed purchase of 49% Stake in Auto Body Sheet Joint Venture in Bowling Green, Kentucky

Amsterdam, January 11, 2019 – Constellium N.V. (NYSE: CSTM) announced today that it completed the previously disclosed purchase of Tri-Arrows Aluminum Holding Inc.’s (TAAH) 49% stake in Constellium-UACJ ABS, LLC (CUA) for $100 million plus the assumption of 49% of approximately $80 million of third party debt at CUA.

About Constellium

Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including automotive, aerospace and packaging. Constellium generated €5.2 billion of revenue in 2017.

 

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