Sabinanigo, Spain | December 1, 2009 — The German group Bavaria Industriekapital AG, based in Munich, yesterday formalized the purchase of the Alcoa de Sabiñánigo factory, put up for sale last January. From now on, this serrable plant becomes known as Laminas Sabiñánigo SL. On the website of the German company yesterday a small note had already been posted where this purchase was reported and that "all employees were to be retained", that is, to keep workers in their current positions, " and continue with the Plan initiated by Alcoa ", point from the communication department of the company Alcoa.
Once the bureaucratic procedures are finished, it is expected that from November 3 the new company will begin to function legally, specializing in thin sheet rolling. As this newspaper has learned, the new entity will buy the raw material from Alcoa.
The president of the Company Committee of the factory, Santiago Perbech, said that the news came at two o'clock noon yesterday and "they said that the contract of sale to Bavaria had been officially signed. At an initial assessment we think that if really Bavaria keeps its promises and what it said could increase the workforce, we understand that there should be no major problem since we are competitive and with a business project, really wanting to run the factory. "
Santiago Perbech explained that what the Alcoa company has done "has been to segregate what our plant is and after following the deadlines established by the law for this type of sales, it will be when the factory will be transferred to the Germans. The deadlines that have given is around next December. "
The Business Committee plans to hold a meeting with the new buyers "because there are enough issues to discuss with them and we would like to have more specific details about what the concrete Industrial Plan for Sabiñánigo would be."
The Minister of industry of the Government of Aragon, Arturo Aliaga, reminded this newspaper yesterday that his department has been following the whole process "of the different companies that were opting to purchase the serrable plant, and we have been with Alcoa trying to find a solution satisfactory I think that the plan that Bavaria has presented, which proposes to keep the activity in its current terms and even with an increase in the future, is an exit that satisfies us.In the next few days we will have contacts with the German company so that plan they have planned to start up, be respected. And we hope that this new period that opens is cleared of uncertainties and consolidation of production at the Sabiñánigo plant. "
The mayor of Zaragoza, Jesús Lasierra, described this news as "very positive because at the meeting held by the buyer with the Company Committee and with the management of the plant in Sabiñánigo, they gave them many prospects for the future and feasibility and that even the future forecasts that Alcoa had for the Sabiñánigo factory were going to go up. I am convinced that with this sale the operation of this factory will become independent, the jobs will be consolidated and even their increase in the administration part and in the commercialization part ".
Last January, the American aluminum producer Alcoa put on sale the Sabiñánigo laminated aluminum factory, within the framework of the multinational restructuring program. Since then, potential buyers have been considered but none as firmly as this German group.
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