Press Releases June 29, 2026 06:00 AM

Constellium Sells Automotive Structures Joint Venture in Changchun, China

Constellium divests its automotive structures joint venture in Changchun, China to focus resources on core markets.

By Hana Yamamoto
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Constellium SE has sold its ownership stake in the automotive structures joint venture based in Changchun, China, transferring control to a Chinese automotive holding company. The move aligns with Constellium’s Vision 2028 strategy to optimize its footprint and enhance competitiveness by focusing resources on core automotive structure markets and customers. The transaction details remain undisclosed.

Constellium Sells Automotive Structures Joint Venture in Changchun, China
CSTM
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Key Points

  • Constellium sold its stake in the Changchun automotive structures joint venture to a Chinese automotive holding company.
  • The Changchun facility specializes in aluminum crash management systems and structural components for the Chinese automotive sector, employing about 200 people.
  • This divestiture is part of Constellium’s strategic Vision 2028 plan to streamline operations and improve competitiveness by concentrating on key markets and customers.

PARIS, June 29, 2026 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) announced today that it sold its ownership stake in its automotive structures joint venture in Changchun, China, together with its partner, to a Chinese automotive holding company.

The Changchun facility produces aluminum crash management systems and other structural components for the Chinese automotive market and employs around 200 people.

“This transaction supports Constellium’s Vision 2028 strategy and our efforts to optimize our footprint and enhance overall competitiveness,” said Stephane Corre, President of Constellium’s Automotive Structures and Industry business unit. “This decision allows us to focus our resources where we can best serve our automotive structures customers and create long-term value.”

The terms of the transaction were not disclosed.

About Constellium

Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminum products for a broad scope of markets and applications, including aerospace, packaging and automotive. Constellium generated $8.4 billion of revenue in 2025.

www.constellium.com

Media Contacts Investor Relations Communications Jason Hershiser Delphine Dahan-Kocher Phone: +1 443 988-0600 Phone: +1 443 420-7860 [email protected] [email protected]



Risks

  • The loss of direct presence in the Chinese automotive market could limit Constellium’s influence and growth opportunities in this significant regional sector.
  • Undisclosed transaction terms introduce uncertainty regarding the financial impact of the sale on Constellium's earnings.
  • Potential dependence on partners in China for market access and production could create operational risks for Constellium’s automotive structures segment.

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