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Events / Business / Apollo Funds Sell ALTEMIRA to MBK
Business acquisition

Apollo Funds Sell ALTEMIRA to MBK

Analysis based on 7 articles · First reported Jun 02, 2026 · Last updated Jun 02, 2026

Sentiment
20
Attention
2
Articles
7
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The sale of Altemira Holdings Company, Ltd. by Apollo-managed funds to EQT AB signifies a successful private equity exit for Apollo Global Management, potentially boosting investor confidence in its investment strategy. For EQT AB, the acquisition expands its presence in the pan-Asian aluminum packaging market, which could lead to increased market share and revenue.

packaging private equity materials
Event Summary

Apollo-managed funds completed the sale of their interest in Altemira Holdings Company, Ltd., a leading pan-Asian aluminum packaging company, to funds managed by EQT AB. Altemira Holdings Company, Ltd. was established in April 2022 through the combination of the aluminum can and foil business from Resonac Holdings (formerly Showa Denko K.K.) and the aluminum can and rolled and extruded products business of Mitsubishi Materials. This transaction is highlighted as a successful example of sponsor-led industry consolidation in the Japanese industrials sector, showcasing Apollo Global Management's ability to execute complex carve-outs and drive transformation. Altemira Holdings Company, Ltd. operates a vertically integrated, closed-loop aluminum recycling ecosystem.

Key Actions
100 Apollo Global Management completed sale EQT AB
100 EQT AB acquired interest Altemira Holdings Company, Ltd.
40 Resonac Holdings combined business Altemira Holdings Company, Ltd.
40 Mitsubishi Materials combined business Altemira Holdings Company, Ltd.
Entities Involved
stock
Apollo Global Management
Apollo-managed funds completed the sale of their interest in Altemira Holdings Company, Ltd., demonstrating its ability to execute complex carve-outs and drive industry consolidation in Japan.
Importance 100 Sentiment 20
priv
Altemira Holdings Company, Ltd.
Altemira Holdings Company, Ltd. was sold by Apollo-managed funds to EQT AB, marking a successful exit for Apollo and a continuation of its growth as a vertically integrated aluminum packaging company.
Importance 100 Sentiment 20
priv
EQT AB
EQT AB acquired Altemira Holdings Company, Ltd. from Apollo-managed funds, expanding its portfolio in the pan-Asian aluminum packaging sector.
Importance 80 Sentiment 20
cnt
Japan
The transaction highlights sponsor-led industry consolidation in the Japanese industrials sector and Apollo's role as a partner to Japan's corporations.
Importance 30 Sentiment 0
stock
Resonac Holdings
Resonac Holdings (formerly Showa Denko K.K.) was involved in the initial establishment of Altemira Holdings Company, Ltd. by contributing its aluminum can and foil business.
Importance 20 Sentiment 0
stock
Mitsubishi Materials
Mitsubishi Materials contributed its aluminum can and rolled and extruded products business to establish Altemira Holdings Company, Ltd.
Importance 20 Sentiment 0
subs
Panasonic — Panasonic Automotive Systems
Panasonic — Panasonic Automotive Systems is mentioned as one of Apollo Funds' private equity investments in Japan.
Importance 10 Sentiment 0
stock
Nippon Sheet Glass
Nippon Sheet Glass is mentioned as one of Apollo Funds' private equity investments in Japan, with its closing pending.
Importance 10 Sentiment 0
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