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
- Industry
- Environmental Services
- Location
- Delaware, United States
- Transaction Type
- Buyout
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