Apollo funds complete sale of ALTEMIRA stake to MBK Partners-managed funds

أبوللو جلوبال مانجمنت

Apollo Global Management Inc

APO

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  • Apollo-managed funds completed the sale of their stake in Japan-based aluminum packaging group Altemira to funds managed by MBK Partners.
  • Altemira was formed in April 2022 by combining Showa Denko’s former aluminum can and foil business with Mitsubishi Materials’ aluminum can operations.
  • The company operates a vertically integrated, closed-loop aluminum recycling system spanning can collection, processing, rolling, and beverage-can fabrication.


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