Manama: Bahrain-based Gulf Aluminium Rolling Mill Company (GARMCO), one of the largest downstream aluminium facilities in the Middle East, and Mitsui & Co., Ltd. together with Perse Metals Pte Ltd announced that they have completed a transaction, which results in Mitsui’s purchase of a 25% interest in GARMCO Singapore, a company owned by GARMCO and Perse.
Headquartered in Singapore, and with subsidiaries in Thailand and China, GARMCO Singapore is one of the largest non-ferrous service centers in Southeast Asia, where it reprocesses and distributes aluminium coils and sheets, thick plates, bars, extrusions, as well as other wide range of metals products. GARMCO will remain as the majority shareholder of this joint venture.