The plant, which was built in 2009, is an integrated one-press extrusion facility with both powder coating and anodizing capabilities.
Sapa has already established a manufacturing plant for extrusion based thermal management applications in Bangalore, and the transaction with Alufit will allow Sapa to expand its business in India.
After the completion of the transaction, Sapa would be the first global aluminium extrusion company with local production facilities in India.
“We expect strong growth in the quickly developing Indian market. Customers are increasingly demanding higher quality and more complex solutions, which Sapa will be able to supply”, said Johan Menckel, Business Area President.
After the completion of the transaction, Sapa would be the first global aluminium extrusion company with local production facilities in India.