02/06/2026
Alba announced its US$2.2 billion acquisition of Aluminium Dunkerque, having signed a Memorandum of Understanding with co-investor Bpifrance alongside the Choose France Summit in Paris.
Signed in the presence of HE Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, and the French Minister Delegate for Foreign Trade and Economic Attractiveness, Mr. Nicolas Forissier, the MoU between Alba and Bpifrance provides for a capital investment of EUR 100 million by Bpifrance in the transaction, representing a 6% ownership stake in Aluminium Dunkerque, subject to the completion of customary approvals.
The partnership supports Alba’s ambition to build a global low-carbon aluminium platform with strongholds in the GCC and Europe, further strengthening the long-term economic and industrial relationship between Bahrain and France.
The acquisition remains subject to regulatory approvals and customary closing conditions, with completion expected in 2026.
Read announcement: https://bit.ly/4vhMTw1