The acquisition of Wise, which has one of the widest hot strip mills in North America, is expected to grow Constellium’s overall production capacity and to contribute to its North American platform for body-in-white automotive sheet production.

GE Capital’s relationship with Wise and understanding of the metals industry made them a strong partner for our lending needs,” said Mark Kirkland, group treasurer for Constellium. “Working with a lender who has experience in our industry and in financing acquisitions is a value add as we grow our company.”

“Providing financing in connection with this acquisition allows for a great opportunity for both companies,” said Paul Feehan, senior managing director for GE Capital, Corporate Finance. “Our deep expertise in metals and mining means we can provide companies with the best financing solution to help fund their growth.”