Beck Aluminum Alloys, Ltd

NEWS ANNOUNCEMENT NOVEMBER 2016 SHERMAN OAKS, Calif., November 1, 2016 -- Real industry, Inc. (NASDAQ: RELY) ("Real Industry" or the "Company") today announced that Real Alloy Holding, Inc. ("Real Alloy") has closed on the purchase of select assets of Beck Aluminum Alloys ("Beck Alloys"), a privately-held operator of three secondary aluminum recycling plants in the United States. Beck Alloys' facilities primarily produce high purity foundry alloys from aluminum scrap to supply the automotive, wheel, and recreational equipment casting industries. In addition, Real Alloy has obtained a significant minority equity ownership interest in an affiliated enterprise serving as a broker/distributor of prime aluminum and primary based alloys as part of the transaction.

Beck Aluminum Press Release

Real Alloy Press Release