M&A Deal Summary

Aurubis Acquires azeti

On July 16, 2020, Aurubis acquired software company azeti

Acquisition Highlights
  • This is Aurubis’ 1st transaction in the Software sector.
  • This is Aurubis’ 1st transaction in Germany.

M&A Deal Summary

Date 2020-07-16
Target azeti
Sector Software
Buyer(s) Aurubis
Deal Type Add-on Acquisition

Target

azeti

Berlin, Germany
azeti GmbH develops and markets an internet-of-things (IoT) platform that integrates and evaluates production data. azeti is based in Berlin, Germany.

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Buyer(S) 1

Buyer

Aurubis

Hamburg, Germany

Category Company
Founded 1866
Sector Metals/Mining
Employees7,283
Revenue 17.1B EUR (2024)
DESCRIPTION

Aurubis is a provider of non-ferrous metals and copper recycler. Aurubis produces high-purity, high-quality copper from copper concentrates and recycling materials and processes it into intermediate products. Copper scrap and a variety of other recycling materials are reintroduced to the economic cycle this way. Aurubis was founded in 1866 and is based in Hamburg, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-22 Metallo Group

Beerse, Belgium

Metallo Group is a refiner and recycler of secondary metals, principally copper and tin. Over 350,000 tons of raw materials are recycled annually through the different stages of Metallo’s recycling processes and returned back into the value chain with zero waste. Metallo Group was founded in 1919 and is based in Beerse, Belgium.

Buy €380M