Chinese acquire manufacturer of aluminium tubes

08.2017: Zhongwang, China, acquires Aluminiumwerk Unna AG, the leading German manufacturer of seamless extruded aluminum tubes as well as tubular profiles. In 2016, the company generated revenues of about EUR 65m and employed appr. 220 people.The buyer is a subsidiary of China Zhongwang Holding Ltd., Asia’s largest manufacturer and developer of aluminum extrusion products.