Overview
- American Industrial Partners and Aluminium Bahrain announced exclusive negotiations for the sale, with Alba named by AIP as the preferred buyer.
- The purchase price remains undisclosed, and the deal is subject to French and EU authorizations with no formal filing yet submitted.
- France’s economy ministry said it will apply strict foreign-investment controls and will watch for long-term compliance with any commitments.
- Alba pledged no impact on site employment or local management and expressed openness to Bpifrance joining the capital, with initial talks underway.
- Decarbonisation is a core condition supported by €360 million in state funding; the plant produces about 300,000 tonnes a year with roughly 750 employees, while Alba makes about 1.6 million tonnes and is majority-owned by a Bahraini sovereign fund.