Fives acquires ECL

Fives announces the acquisition of ECL, which is a specialist in the design and installation of equipment used to produce primary aluminium. ECL will become a new entity within Fives and bring a high level of complementary technical strengths and sales strategies. With this acquisition, Fives is extending its range of products and strengthening its position as a world leader for key process equipment used in aluminium production.

Frédéric Sanchez, chairman of the executive board of Fives, commented: “With the acquisition of ECL, Fives has strengthened its position as number one in the supply of key process equipment used in aluminium production. ECL’s business perfectly complements that of Fives. The combined assets of our two companies will strengthen the quality of our offer to aluminium producers, in particular in the service sector.”

Fives is well-established as a major player in the aluminium industry, covering carbon, electrolysis and casthouse areas through Fives Solios. The complementary nature of Fives’ and ECL’s expertise in the three sectors will enable the new entity to propose technical offers based on a large range of key process equipment.

ECL has also developed technological innovations that place the company ahead of other equipment suppliers – notably for the automation of pot operation services that help enhance productivity and improve the safety and health of operators

Fives achieved a turnover of 1.6 billion euros in 2014. The company employs about 8,000 people in nearly 30 countries. ECL generated a turnover of €130m in 2014. It employed 600 people in seven countries (France, Canada, UAE, South Africa, Australia, China and India).

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