Announced
Completed
Financials
Tags
resources trading
physical trader
Mbo
Acquisition
Cross Border
Friendly
Majority
Luxembourg
Private
Private Equity
General Mining
Single Bidder
Completed
Synopsis
A group of investors, including Traxys’ management, Optiver, CoLift and Regent Mercantile Holdings, completed the acquisition of Traxys, a global physical trader and merchant in metals and natural resources, from Carlyle and Louis M. Bacon, the founder of Moore Capital Management. Financial terms were not disclosed. “The increasing demand for raw materials to address the global energy transition serve the booming Electric Vehicle and Battery Storage markets and meet the needs of a growing global middle class coupled with structural underinvestment in raw material production markets underpin the opportunities for Traxys,” Mark Kristoff, Traxys CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.