Elkem completed the acquisition of KeyVest from Holta Invest.

Elkem, a provider of advanced material solutions, completed the acquisition of KeyVest, a property management company, from Holta Invest. Financial terms were not disclosed. "The acquisition of KeyVest fits well into Elkem’s offerings to the refractory market, enabling us to further grow by providing additional specialised products to our current customers, improve our service level and processing capabilities and grow in adjacent segments. Through this agreement, we also secure opportunities for production optimisation. This is in line with Elkem’s strategy of growth through increased specialisation," Inge A. Grubben-Strømnes,.Elkem Senior Vice President.