DGAP-Adhoc: Aurubis AG: Aurubis acquires Metallo Group

2019. május 22., szerda, 12:44

DGAP-Ad-hoc: Aurubis AG / Key word(s): Mergers & Acquisitions

Aurubis AG: Aurubis acquires Metallo Group

22-May-2019 / 12:44 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Aurubis AG acquires Belgian-Spanish Metallo Group

Hamburg, May 22, 2019 - Today, Aurubis AG, Hamburg, has signed an agreement with Metallo Holdings 3 B.V. for the acquisition of 100% of the Belgian-Spanish Metallo Group ("Metallo"). Metallo Holdings is owned by funds managed by TowerBrook Capital Partners, a leading transatlantic investment firm. The purchase price is EUR 380 million (enterprise value). No new shares will be issued in relation to the financing of the transaction.

Metallo is a recycling and refining company with around 530 employees at its main sites in Belgium and Spain, specializing in recovering non-ferrous metals. In the fiscal year 2018, Metallo generated revenues of approximately EUR 985 million. With the transaction, Aurubis continues to actively pursue its recycling strategy.

The closing of the transaction is subject to clearance by the responsible merger control authorities and is expected to take place towards the end of the year.


Dr. Björn Carsten Frenzel

Head of Corporate Legal Affairs

E-mail: c.frenzel@aurubis.com

Phone: +49 40 78 83 30 44

*** End of ad hoc notification ***

22-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Aurubis AG

Hovestrasse 50

20539 Hamburg

Phone: +49 (0)40 / 78 83 - 31 78
Fax: +49 (0)40 / 78 83 - 31 30
E-mail: a.seidler@aurubis.com
Internet: www.aurubis.com
ISIN: DE0006766504
WKN: 676650
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 814457

End of Announcement DGAP News Service

814457  22-May-2019 CET/CEST

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