CellMark Acquires Alcan International Network

CellMark, a marketer of pulp and paper based in Gothenburg, Sweden, has acquired Alcan International Network (AIN) from Constellium. AIN is a global supply chain services company that provides links between manufacturers and customers in chemicals, minerals and raw materials and equipment for the foundry industry.

Constellium was owned by affiliates of Apollo Global Management, Rio Tinto and the French sovereign investment fund Fonds Stratégique d'Investissement.

According to a release, the acquisition reflects CellMark’s plans to diversify its global supply chain capabilities, creative trade finance solutions and risk management to products outside of the pulp and paper industry.

“We are very pleased to partner with AIN, an excellent company of experienced professionals with in-depth understanding of international markets,” says Hans Kling, CellMark’s CEO in a release. “From an operational perspective, the organizations have a great deal in common and we will leverage these commonalities to ensure that employees from both companies can exploit the opportunities the merger presents.”

The release adds that the partnership will benefit AIN and its business partners significantly. “We look forward to leveraging CellMark’s financial strength and willingness to invest in strategic opportunities,” says Hugo Galletta, head of AIN’s chemical division. “Our people expect to team very closely with their new CellMark colleagues to develop creative solutions that help to improve the service we give to all our partners: AIN’s, CellMark’s, and those we cultivate together.”

Dick Evans, chairman and CEO of Constellium, says, “Thanks to CellMark’s recognized expertise and know-how in trading activities worldwide, we are convinced that CellMark is a partner of choice to further grow AIN’s leading positions in the future.”

CellMark comprises four product divisions: Pulp, Paper, Packaging and Recycling as well as the subdivisions Energy and Machinery. The company has 47 offices in 20 countries, complemented by numerous agents in other markets. The company’s annual sales volume is more than 5 million tons, and provides sourcing activities to more than 60 countries, with sales in about 120 markets.