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Announced

Sibanye-Stillwater to acquire Reldan Group for $212m.

Financials

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Transaction Value£173m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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metals recycle

Acquisition

Cross Border

Majority

Private

Pending

Friendly

General Mining

United States

Single Bidder

Synopsis

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Sibanye-Stillwater, a a multinational mining and metals processing group, agreed to acquire Reldan Group, a metals recycler, for $212m. “This strategic move not only aligns with our sustainability goals but also solidifies our position as a leader in the recycling of green metals. Reldan’s established presence and technological prowess offer us a significant advantage in our pursuit of a greener future,” Neal Froneman, Sibanye-Stillwater CEO.

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