Korea Zinc (via Pedalpoint) Acquires Kataman Metals

MBK Partners and Young Poong Hostile Takeover of Korea Zinc

December 16, 2024

Manufacturing

MBK Partners, in concert with Young Poong, is pursuing a hostile takeover of Korea Zinc. Korea Zinc has publicly demanded greater transparency around the shareholder/call-option arrangement, while other reporting raises concerns that MBK overpaid for additional shares and used borrowed funds to finance the bid.

PedalPoint Holdings (Korea Zinc-backed) Acquires MDSi

August 18, 2025

IT Services

MDSi, an Alpharetta-based IT solutions and network deployment provider, is joining PedalPoint Holdings, a U.S. circular economy platform backed by Korea Zinc. The transaction gives MDSi expanded logistics, capital for growth, integrated resale and ITAD services, and access to Korea Zinc's downstream recycling capabilities while providing Korea Zinc portfolio diversification into network infrastructure and IT services.

Sun Metals Holdings (Korea Zinc subsidiary) Acquires 10.3% Stake in Young Poong

March 12, 2025

Manufacturing

Sun Metals Holdings (SMH), an Australian subsidiary of Korea Zinc, legally acquired a 10.3% stake (190,226 shares) in Young Poong from Sun Metals Corporation (SMC) as a dividends-in-kind transfer. The cross-shareholding restructures voting rights ahead of Korea Zinc's upcoming AGM and is positioned as a defensive move to limit a potential hostile takeover by MBK Partners and Young Poong.

Lifezone Metals Acquires BHP's 17% Stake in Kabanga Nickel Limited

July 18, 2025

Energy

Lifezone Metals has acquired BHP Billiton (UK) DDS Limited’s 17% equity stake in Kabanga Nickel Limited (KNL), giving Lifezone 100% ownership of KNL and full control of offtake from the Kabanga Nickel Project in northwestern Tanzania. The deal includes deferred and contingent cash payments (capped at $83 million, or $75 million if a RAP Trigger Event occurs) and terminates prior agreements with BHP as Lifezone advances the project toward a Final Investment Decision.

Scrap Management Industries Acquires Allmetal Recycling

December 31, 2025

Industrial Services

Scrap Management Industries, Inc. (SMI) acquired Allmetal Recycling, a Kansas-based scrap metal recycler founded in 2009. The deal expands SMI’s footprint across Kansas with Allmetal’s 10 locations and adds capacity that supports SMI’s operation of multiple shredders across yards in Missouri, Kansas, and Oklahoma.

Hahn & Co. Acquires SKC's Industrial (PET) Film Business

December 2, 2022

Manufacturing

South Korean private equity firm Hahn & Co. has completed the acquisition of SKC Ltd.'s industrial polyester (PET) film business for 1.6 trillion won (about $1.2 billion). The divestiture reflects SK Group's shift toward eco-friendly businesses while Hahn & Co. aims to expand the unit's presence in electronics, semiconductors and automotive end markets and raise its global market share.