Alba to Acquire Europe's Largest Aluminum Smelter, Aluminum Dunkerque

Published: Mar 2, 2026 15:21

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[SMM Aluminum Express News] Aluminium Bahrain (Alba) has entered into an exclusive agreement with American Industrial Partners (AIP) to acquire 100% of Aluminum Dunkerque, Europe's largest primary aluminum smelter, located in Loon-Plage, Dunkerque, France. The site produces ~300,000 tonnes of aluminum per year. Aluminium Bahrain (Alba) will pay the consideration for acquiring Aluminium Dunkerque entirely payable in cash, with funding fully underwritten by a syndicate of relationship banks. Alba has offered a shareholding position to Bpifrance (France's public investment bank) to foster a strategic partnership and support the long-term, sustainable development of the French smelter.

Discussions with Bpifrance have started and will continue in the coming days.

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