CS Capital to acquire a 33% stake in Kirk Kapital-backed Scanmetals.

CS Capital, a private equity fund, agreed to acquire a 33% stake in Kirk Kapital-backed Scanmetals, an operator of a specialist metals recycling company. Financial terms were not disclosed. ”In the spring, Velliv entered an agreement to invest DKK 5bn in the green transition through CS Capital. Scanmetals is our first investment in a future portfolio of sustainable investments, and the company is a prime example of the type of companies we want to invest in within resource optimization, which is one of our major focus areas. Scanmetals is a contributor to the circular economy through their unique technology within metal recovery from waste. We are looking forward to supporting this development," Carsten Gröhn, CS Capital Managing Partner.