Salans international law firm has advised the Anglo-Australian Mining group Rio Tinto in the sale of its specialty aluminas and their management to the HIG Europe investment fund.
These specialty aluminas activities generate a turnover of €300 million and are carried out on three industrial sites in France, including the main site located in Gardanne (Bouches-du-Rhône Department). The Teutschental site in Germany is also affected by the sale, as well as commercial establishments in the United States, Germany, Italy, Great Britain, Japan and China.
Following the acquisition, HIG Europe announced the creation of the Alteo specialty aluminas group.
Salans advised Rio Tinto with partner Olivier Genevois, Of Counsel Emmanuelle De Schepper and Tanit Gendre, Thomas Priolet, Cécile Szymanski and Madalina Suru in M&A, with partner Ralf Nitschke for German M&A aspects. The Salans team also included partner Emmanuelle van den Broucke with Christoph Hermann in competition law, tax partner Sandra Hazan, and partnerKatell Déniel-Allioux, with Julie Ragueneau, for employment law.
