Mitsubishi to sell UNICAN, Mitsubishi Aluminum to Showa Aluminum Can

Mitsubishi to sell UNICAN, Mitsubishi Aluminum to Showa Aluminum Can

Mitsubishi Materials has agreed to sell its subsidiaries Universal Can Corporation (UNICAN) and Mitsubishi Aluminum to Showa Aluminum Can, which is owned by funds managed by affiliates of US-based Apollo Global Management. The Japanese company also announced its decision to separate the aluminum rolling and processing business from Mitsubishi Aluminum into Showa Aluminum Can via […]