Aurubis AG Acquires Metallo Group from TowerBrook

May 22, 2019

Aurubis AG has agreed to acquire Metallo Holdings 3 B.V. (Metallo Group), a Belgian–Spanish non‑ferrous metals recycling and refining group, from TowerBrook Capital Partners. Metallo operates main sites in Belgium and Spain with ~530 employees and reported approximately €985 million revenue in FY2018; the purchase price announced was €380 million and the deal is subject to merger control clearance.

Buyers
Aurubis AG
Targets
Metallo Group, Metallo Holdings 3 B.V.
Sellers
TowerBrook Capital Partners
Location
Belgium
Transaction Type
Buyout

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