On January 1, 2015, Atlas Holdings LLC launched Aludium — its newest operating company — with the acquisition of rolling mills in Spain and France from Alcoa, a global leader in lightweight metals technology, engineering, and manufacturing. Included in the transaction are mills located in Amorebieta and Alicante (Spain) and Castelsarrasin (France), as well as the state-of-the-art Cindal research and development facility in Alicante. Terms of the transaction were not disclosed.