Alcar Takes Over Italian Steel Wheel Maker

The Austrian Alcar group has taken over Italian wheel manufacturer Consud, Srl. Although the acquisition took place some months ago, the news has only just become public. In total, the new factory and the group’s existing Ambrosetti plant will produce 2.5 million units annually. Hayes Lemmerz is another large source of the group’s steel wheels. Alcar is the European market leader for passenger car steel wheels, sellng 5.6 million units in the last financial year. Of these, 90 per cent were produced by either Hayes Lemmerz or the company itself.