Sapa Completes Indalex Acquisition
Sapa, which says it is the largest aluminum profile producer in the world, has completed its previously announced purchase of the aluminum extrusion operations of Indalex. Indalex had filed for Chapter 11 in Mach.
Both Sapa and Indalex are involved in supply aluminum extrusions to the fenestration market.
As a part of the purchase, Sapa has added Indalex’s 11 active plants, six in the U.S. and five in Canada, strengthening its geographical coverage and logistical efficiencies to better serve North America, including an expansion into Canada.
"We have a strong market position and it is vital for Sapa to uphold good customer relations, especially in a time like this. We are able to offer our customers a range of products and services that is truly unique. Sapa will have the ability to further develop new end use applications in North America, benefitting the customers and the extrusion industry as a whole. Indalex has deep production competence and well-maintained assets. It is a well-run company. Combining Sapa and Indalex provides a wider product range and better geographic coverage,” says Bjørn Wiggen, president and CEO.
Sapa is part Norway basd Orkla ASA.