Aditya Birla Group’s metal flagship Hindalco Industries Ltd on Tuesday (June 24) announced the acquisition of a 100% equity stake in US-based AluChem Companies, Inc for an enterprise value of $125 million. The deal will be executed through Aditya Holdings LLC, a step-down wholly-owned subsidiary of Hindalco.
This marks the first entry by an Indian company into the low-soda tabular alumina segment, significantly expanding Hindalco’s footprint in precision-engineered, high-performance industrial materials. Tabular alumina is a premium-grade alumina used in critical applications across refractories, ceramics, and advanced manufacturing.
With this acquisition, Hindalco strengthens its presence in the North American market while enhancing its specialty alumina portfolio. Hindalco’s specialty alumina business, a key pillar of its value-added strategy, has delivered consistent double-digit growth in recent years and emerged as a high-growth, high-margin vertical within the company’s portfolio.
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As specialty alumina finds newer applications across cutting-edge sectors such as electric mobility, semiconductors, and precision ceramics, this acquisition propels Hindalco up the innovation curve, enabling access to next-generation alumina applications and driving value-accretive growth.
AluChem brings Hindalco a strong presence in North America with an annual capacity of 60,000 tonnes across its three advanced manufacturing facilities in Ohio and Arkansas.
The company is a long-established supplier of ultra-low soda calcined and tabular alumina — materials known for their exceptional thermal and mechanical stability used in cutting-edge applications in high precision mechanical components, and energy-intensive industrial refractories.
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Kumar Mangalam Birla, Chairman of Aditya Birla Group, said, “This acquisition is an important step in our global strategy to build a leadership position in value-added, high-tech materials.
Our strategic foray into the specialty alumina space will not only accelerate the development of future-ready, sustainable solutions but also open new pathways to pursue high-impact growth opportunities.”
The transaction is expected to close in the upcoming quarter, subject to customary closing conditions and regulatory approvals. Shares of Hindalco Industries Ltd ended at ₹669.55, up by ₹7.85, or 1.19%, on the BSE.
(Edited by : Shoma Bhattacharjee)
