Novelis (NVL) has filed for an IPO in the US.
The company describes itself as: “We consider ourselves a leading manufacturer of innovative, sustainable aluminum solutions and the world’s largest aluminum recycler. In particular, we believe we are a leading provider of low-carbon aluminum solutions, helping to advance the circular economy through partnerships with our suppliers and customers in the beverage packaging, automotive, aerospace and specialty markets (diversified markets including construction, signage, foil and packaging, commercial vehicles, commercial and consumer products, etc.) around the world in North America, Europe, Asia and South America, we have an integrated network of 32 world-class technologically advanced facilities, including 14 processing centers, 11 innovative centers and 13,190 employees.”
Morgan Stanley, BofA Securities and Citigroup will serve as lead underwriters.