Ecnavla 8 UK Ltd (12781791): administration
- Status
- Administration ended
- Administration began
- 2021-07-07
- Administrators
- Philip Lewis Armstrong, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Incorporated
- 2020-07-30
- Location
- London
- Industry
- 24420 Aluminium production
Why it went into administration
- Competition / price pressure
From the administrators' statement
The Company and its direct and indirect parents and subsidiaries form part of GFG Alliance, an international conglomerate active in the power generation, steel and aluminium sectors. Sanjeev Gupta is the ultimate beneficial owner of GFG Alliance and director of companies within the group.
The Company was incorporated on 30 July 2020 with the purpose of facilitating GFG Alliance’s acquisition of Aleris Aluminium Duffel, now known as Alvance Duffel, from Aleris Aluminium Netherlands BV. The acquisition followed a requirement from the European Commission that Aleris divest itself of its Belgian aluminium plant in Duffel on competition grounds, as part of its merger with Novelis.
GFG Alliance completed the acquisition of Alvance Duffel in October 2020.
Administrators' statement of proposals (2021-09-06) · Companies House register