Korea Zinc (via Pedalpoint) Acquires Kataman Metals
April 9, 2024
Korea Zinc, through its U.S. subsidiary Pedalpoint Holdings, has acquired Kataman Metals, a St. Louis-based global scrap metal trader, for USD 55 million. The deal secures long-term scrap metal feedstock to support Korea Zinc's planned copper production expansion and advances its recycling/resource-circulation strategy; Brown Gibbons Lang served as advisor to Korea Zinc in the transaction.
- Buyers
- Korea Zinc, Pedalpoint Holdings (U.S. subsidiary of Korea Zinc)
- Targets
- Kataman Metals
- Industry
- Industrial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
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