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Apollo Funds complete sale of ALTEMIRA, a leading pan-Asian aluminum packaging firm, to MBK Partners.

Company Fundamentals
02 Jun 2026
GlobeNewsWire
View Source
Bullish
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Apollo Global Management has finalized the sale of its stake in ALTEMIRA Holdings, a major pan-Asian aluminum packaging company, to MBK Partners-managed funds. ALTEMIRA, formed in 2022 from the merger of Showa Denko's and Mitsubishi Materials' aluminum businesses, operates a unique vertically integrated aluminum recycling system. This transaction highlights Apollo's success in industry consolidation and its role in supporting Japanese industrial firms with strategic capital solutions. The sale follows Apollo's previous successful exits and ongoing investments in Japan's industrial sector.

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