Vaessen Aluminium signed a binding agreement to acquire Three soft alloy extrusion facilities of Constellium in Germany for ?48.8 million on July 18, 2023. The soft alloy extrusion facilities has 450 employees. The transaction is subject to customary closing conditions and regulatory approval. The transaction is expected to close in the second half of 2023. As of October 4, 2023, the announcement follows the completion of the regulatory approval process.

Vaessen Aluminium completed the acquisition of Three soft alloy extrusion facilities of Constellium in Germany on October 4, 2023.