UMS group acquires ALTEO, world leader of specialty aluminas
Following the decision of the commercial court on January 7, 2021, Alteo is now out of the court-supervised legal redress and joins the United Mining Supply (UMS) group.UMS, an experienced, sound and socially responsible industrial group, is opening a new era for Alteo to ensure its world leading position over the long term. The industrial project linked to this takeover will enable to develop a best-in-class company, to increase its production capacity of high value added products, to develop its customer portfolio and to strengthen its research and development capabilities.