PyroGenesis Canada Inc. Purchases 100% of Drosrite International LLC

July 8, 2024

PyroGenesis Canada Inc. acquired 100% legal ownership of Drosrite International LLC for CAD$1.00, resolving the prior accounting vs. legal ambiguity that had left Drosrite as a legally separate but accounted-for subsidiary. The acquisition gives PyroGenesis a fully owned U.S. subsidiary (Drosrite supplies waste-management systems to the aluminum industry) and positions the company to expand its U.S. operations and international strategy.

Buyers
PyroGenesis Canada Inc.
Targets
Drosrite International LLC
Location
Delaware, United States
Transaction Type
Buyout

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