Announced
Financials
Tags
Single Bidder
Majority
Acquisition
Germany
Cross Border
Friendly
Metal Fabricating
Pending
Private
metals processing
Synopsis
Trafigura, a global supplier of commodities, agreed to acquire Ecobat Resources Stolberg, a firm that owns the Stolberg multi-metals processing plant in Germany. Financial terms were not disclosed. “The sale of ERS is consistent with our strategy to concentrate on our core business of battery recycling and represents a significant step in the rationalization of our portfolio,” Marcus Randolph, Ecobat CEO.
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