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"M & A" as white font on wooden table

Arcelor Mittal plans to acquire Alba subsidiaries in Germany

"M & A" as white font on wooden table
05 May 2022
|
Published in issue 10/2022
|
Tom Wilfer
|
~ 4 min
Steelmaker Arcelor Mittal plans to acquire three German subsidiaries of Alba Group. Specifically, it wants to acquire all shares in and full control over Alba Metall Süd Franken GmbH, Alba Metall Süd Rhein-Main GmbH and Alba...
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Used lead acid batteries piled in a collection bin

Campine wants to acquire two Recylex sites

Used lead acid batteries piled in a collection bin
25 April 2022
|
Published in issue 9/2022
|
Eva Riebeling
|
~ 2 min
Secondary lead producer Campine has submitted a binding offer for two battery recycling sites owned by French firm Recylex as well as the Recylex subsidiary C2P. In mid-April, owing to its ongoing financial difficulties, Recylex...
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Photo of a scrapyard with a worker cutting a metal sheet using a torch cutting tool.

Alba seeks strategic investor for majority stake in metals recycling business

Photo of a scrapyard with a worker cutting a metal sheet using a torch cutting tool.
23 March 2022
|
Published in issue 6/2022
|
~ 2 min
Alba Group is putting its ferrous and non-ferrous metals recycling business up for sale. The German company is considering a sale of shares in its publicly listed subsidiary Alba SE as well as the possibility of taking on a...
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Aperam wrapped up its acquisition of ELG at the end of December

ELG booked strong growth in sales in 2021 / New Recycling segment

26 January 2022
|
Published in issue 2/2022
|
~ 3 min
(D) – The stainless-steel producer Aperam is moving "to the core of the European circular economy" by acquiring the recycler ELG, CEO Timoteo di Maulo said in a presentation marking the completion of this transaction in late...
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Sims forecasts sharp rise in underlying Ebit

Sims reports strong margins in trading update

Sims forecasts sharp rise in underlying Ebit
17 November 2021
|
Published in issue 23/2021
|
~ 4 min
(AUD) – The metals recyling group Sims Ltd has continued to benefit from strong margins in ferrous and non-ferrous products in the first quarter of its 2021/22 financial year which began on 1 July. Growth had been somewhat curbed...
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ELG to be taken over by stainless steel producer Aperam

Stainless steel recycler ELG to be sold to Luxembourg steel group Aperam

New parent to operate ELG as "fully separate and independent company"

ELG to be taken over by stainless steel producer Aperam
19 May 2021
|
Published in issue 10/2021
|
~ 3 min
(D) – Stainless steel recycler ELG is to be sold by its parent group Franz Haniel & Cie to the steel producer Aperam. The three companies announced the signature of a share purchase agreement for an enterprise value of €357m on 6...
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Stena Metall reports strong first financial half

05 May 2021
|
Published in issue 9/2021
|
~ 3 min
(S) – "The first six months of the 2020/21 financial year have been very good for the Stena Metall Group and are the strongest start to a fiscal year so far," group CEO Anders Jansson reported in the company’s second-quarter...
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Sims picks up US specialised scrap processor Alumisource

24 February 2021
|
Published in issue 4/2021
|
~ 1 min
(USA) – Sims Limited has acquired commercial and operating assets of the US scrap aluminium processing business Alumisource Corporation, the international metals recycler announced in mid-February. Based outside of Pittsburgh,...
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Scholz sells Danish subsidiary Uniscrap to Hansen

10 February 2021
|
Published in issue 3/2021
|
~ 2 min
(DK) – German steel scrap recycler Scholz is divesting its Danish subsidiary Uniscrap. The buyer, HJ Hansen Recycling Industry Ltd, is also based out of Denmark and is to acquire all shares in Uniscrap for an undisclosed sum,...
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Scholz could increase stake in Chinese joint venture

25 November 2020
|
Published in issue 24/2020
|
~ 1 min
(D) – The German steel scrap recycler Scholz has the opportunity to increase its stake in a joint venture with the aluminium producer China Hongqiao to 49 per cent. According to the cooperation agreement, Hongqiao will invest...
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