Heraeus Precious Metals completed the acquisition of the API business of Umicore.

Heraeus Precious Metals, the precious metals division of the Heraeus Group specializing in platinum APIs, completed the acquisition of the API business of Umicore, a global materials technology and recycling group. Financial terms were not disclosed. “Our mission is to reliably provide customers with the highest quality products – ensuring effective treatment for as many cancer patients as possible. This is not just a business opportunity; it's a commitment to excellence and care. By merging our strengths, we create synergies that allow us to offer a robust portfolio at competitive prices, all while maintaining our uncompromising standards of quality," Andrea Lamberti, Heraeus Precious Metals Head of Pharmaceutical Ingredients.