Hindalco Industries Ltd.

Hindalco Industries’ wholly-owned subsidiary -- Novelis Inc. has completed the acquisition of Aleris Corporation. The acquisition, which closed at an enterprise value of $2.8 billion, positions Hindalco as one of the world’s largest aluminium companies, with a global footprint spanning 49 state-of-the-art manufacturing facilities in North America, Europe and Asia. The Aleris deal marks a major milestone for Hindalco and Novelis, on their path to global leadership.  

Hindalco Industries is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.