Houlihan Lokey Advises Quantum Capital Partners

Houlihan Lokey is pleased to announce that a fund managed by Quantum Capital Partners (QCP) has sold Leichtmetall Aluminium Giesserei Hannover GmbH (Leichtmetall) to UAE-based Emirates Global Aluminium (EGA). The transaction closed on 2 May 2024.

Headquartered in Hannover, Germany, Leichtmetall is a speciality foundry producing up to 30,000 tonnes of high-strength aluminium billets per year. The company primarily uses recycled input materials and operates electric smelters powered entirely by renewable energy sources, significantly reducing carbon emissions and energy consumption. Leichtmetall is the only producer in the European market of billets up to 1,150 millimetres in diameter and serves as a one-stop shop for customers seeking high-quality aluminium alloys. The company mainly targets the aerospace and defense, heavy machinery, special automotive, and renewable energy end markets. A fund managed by QCP acquired Leichtmetall in 2014.

Founded in 1975 and headquartered in Dubai, EGA is one of the world’s largest producers of aluminium. The firm is jointly owned by Mubadala Investment Company of Abu Dhabi and Investment Corporation of Dubai. EGA operates an integrated business model that ranges from bauxite mining to the production of cast metal, employing more than 7,000 people globally.

Houlihan Lokey served as sellside financial advisor to QCP. This transaction highlights Houlihan Lokey’s deep industrials sector expertise across the metals and engineered materials space, and excellent cross-border execution capabilities.

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