Arconic Corporation
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Arconic Corporation - overview
Established
2016
Location
Pittsburgh, PA, US
Primary Industry
Aerospace
About
Founded in 2016 by founder Charles Martin Hall and based in New York, US, Arconic Corporation, formerly known as Alcoa Inc. , provides a wide range of multi-material, precision-engineered products and solutions to various industries, including aerospace, automotive, and construction. In January 2024, all investors exited their stake in Arconic Corporation for USD 300 million. Arconic Corporation offers a wide range of aluminium sheets, plates, and extrusions for the aerospace industry, including components used in aircraft structures and engines.
For the automotive sector, Arconic provides lightweight aluminium solutions designed to improve fuel efficiency and vehicle performance. In the construction industry, the company offers architectural products such as performance cladding systems and panels. The firm also produces materials for packaging and industrial applications. Additionally, Arconic supplies spectrochemical reference materials used in various analytical processes.
Current Investors
Apollo , Irenic Capital Management
Primary Industry
Aerospace
Sub Industries
Engineering, Aerospace, Defence, Advanced Materials, Steel & Metals
Website
www.arconic.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Arconic Corporation - timeline of key events
Arconic Corporation - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 6,824,000,000 | 7,442,000,000 | 7,277,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 9.1% | (2.2%) | - | - | - |
| EBITDA (USD) | 398,000,000 | 646,000,000 | 529,000,000 | - | - | - |
| Operating Income (USD) | 132,000,000 | 374,000,000 | 277,000,000 | - | - | - |
| Operating Margin | 1.9% | 5.0% | 3.8% | - | - | - |
| % EBITDA Margin | 5.8% | 8.7% | 7.3% | - | - | - |
| NET Income (USD) | 209,000,000 | 170,000,000 | 225,000,000 | - | - | - |
| % Net Margin | 3.1% | 2.3% | 3.1% | - | - | - |
Arconic Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Kawneer EU | - | ||||||||
| Unspecified Exit | Completed | Arconic Corporation | - | ||||||||
| Public to Private | Completed | Arconic Corporation | - | ||||||||
| N/A | Completed | 1300 Rancho Conejo Boulevard | - |
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Arconic Corporation - employee data
Arconic Corporation - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| President of the Management Board | BM |
BM Board Member
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