Headline: Scanmetals to acquire a 70% stake in Afatek from AffaldPlus, ARGO, Norfors, REFA, and Vestforbrænding.

Scanmetals, a company specializing in non-ferrous metal recycling, agreed to acquire a 70% stake in Afatek, a company focused on incinerator slag treatment and recycling. Financial terms were not disclosed. "The combination of Scanmetals and Afatek brings together unique technical expertise and entrepreneurial spirit. Afatek was one of our first suppliers and has been a trusted partner to Scanmetals for over a decade. The long-term collaboration has created a solid foundation for this strategic acquisition. We look forward to the opportunities the partnership creates as we continue to develop slag processing and strengthen our focus on sustainable resource recovery," Ejvind Pedersen, Scanmetals Founder and CEO.