Gilde-EN-backed Raak Metals completed the acquisition of Stolwerk Metaal.

Gilde Equity Management-backed Raak Metals, a recycler of ferrous and non-ferrous metals, completed the acquisition of Stolwerk Metaal, a metal recycler in West-Brabant. Financial terms were not disclosed. "In February 2020 we welcomed Gilde Equity Management as investor. Together we have embarked on a multi-year plan with the goal to grow the Raak Metals Group into one of the leaders in the Dutch metal recycling market. Joining forces with the well-known family business Stolwerk Metaal is a great step for us," Maarten van Raak, Raak Metals CEO.