Paris, 23 April, 2013 -Constellium has announced today that it has renamed its three core business units to reflect increased proximity to customers and to show more accurately the business and commercial sector focus of each unit.
The renamed business units, which retain their existing scope of activities and products, are:
- Aerospace and Transportation (formerly Global Aerospace, Transportation and Industry, which provides technologically advanced aluminium and specialty materials products with wide applications across the global aerospace, defense, transportation and industrial sectors. The business unit offers a wide range of products including plate, sheet, extrusions and precision casting products which allow Constellium to provide tailored solutions to its customers;
- Packaging and Automotive Rolled Products (formerly Specialty Sheet), which develops, provides and recycles aluminium sheets and coils for packaging applications ( beverage and food cans, closures, foils) as well as automotive solutions, including high-performance products for automotive body-in-white and heat exchangers;
- Automotive Structures and Industry (formerly Extrusions and Automotive Structures), which produces (i) advanced solutions for the global premium automotive industry including crash management systems and other structural and safety parts and (ii) extrusions and large profiles mainly for road and rail transportation, energy and other industrial applications. Constellium complements this product range with a comprehensive offering of downstream technology and services, which include pre-machining, surface treatment and logistic support services.
The new business unit names take effect immediately.
"Having a clearly defined offer for our customers and all outside observers of our company is critical", explained Pierre Vareille, Chief Executive Officer of Constellium. "These new names reflect more accurately the proximity of our company to its customers and demonstrate the breadth of our solutions."
About Constellium
Constellium is a global sector leader that develops innovative, value added aluminium products and solutions for a broad scope of markets and applications, including aerospace, automotive, packaging and industry.
Constellium is owned by affiliates of Apollo Global Management (51%), Rio Tinto (39%) and the "Fonds Stratégique d'Investissement" FSI (10%). With around 8,900 employees Constellium generated €3.61 billion of revenue in 2012.
www.constellium.com (http://www.constellium.com)
Constellium
Laura Berneri
Phone: +33 (0)1 73014673
laura.berneri@constellium.com (mailto:laura.berneri@constellium.com)
Media relations Constellium Corporate
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Source: Constellium via Thomson Reuters ONE
