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Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, announced that it has completed the acquisition of an 80% stake in Italian aluminium recycling company Eco Green.
The acquisition marks a strategic step in EGA’s efforts to expand its aluminium recycling business globally and support the transition toward a circular economy and more sustainable industrial future in Europe.
EGA CEO Abdulnasser Bin Kalban said the acquisition strengthens the company’s global aluminium recycling operations, adding that Eco Green brings specialized expertise and deep knowledge of the European aluminium scrap market, supporting EGA’s growth plans in recycling across the continent.
Eco Green CEO Luca Scapini said the company had developed over more than three decades into one of Italy’s leading aluminium recycling companies. He said joining EGA would open broader growth opportunities for Eco Green as a key part of EGA’s expanding aluminium recycling network in Europe.
Following the acquisition, EGA’s recycled aluminium production capacity now exceeds 400,000 tons annually across the UAE, the United States, Germany and Italy, with more than 200,000 tons of additional capacity currently under development.