Divestiture • Environmental

Metallix Refining Acquires Umicore Recycling Facility

On June 4, 2015, Metallix Refining acquired environmental company Umicore Recycling Facility from Umicore

Acquisition Context
  • This is Metallix Refining’s 1st transaction in the Environmental sector.
  • This is Metallix Refining’s 1st transaction in the United States.

Explore All 198 Divestiture Environmental Deals - Search the Database Free


M&A Deal Summary

Date June 4, 2015
Target Umicore Recycling Facility
Sector Environmental
Buyer(s) Metallix Refining
Sellers(s) Umicore
Deal Type Divestiture

Target Company

Umicore Recycling Facility

United States
Umicore Recycling Facility comprises the state-of-the-art scrap catalytic convertor processing facility. The Maxton facility can process 4 million pounds of ceramic converters annually. It also is one of few locations in the world with a PGM (platinum group metals) recycling process for metal foil converters with the ability to process 3.5 million pounds per year.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Metallix Refining

Shrewsbury, New Jersey, United States

Category Company
Founded 1968
Sector Environmental
DESCRIPTION

Metallix Refining Inc. process and purchase scrap materials containing gold, silver, platinum, palladium and rhodium from small and large businesses alike, in the jewelry, medical, dental, electronics, specialty chemical, automotive and many other industries.


Deal Context for Buyer #
Overall 1 of 1
Sector: Environmental 1 of 1
Type: Divestiture 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1

Seller Profile 1

SELLER

Umicore

Brussels, Belgium

Category Company
Founded 1805
Sector Environmental
Employees10,999
Revenue 14.9B EUR (2024)
DESCRIPTION

Umicore operates as a materials technology and recycling company worldwide. Umicore was incorporated in 1805 and is based in Brussels, Belgium.


Deal Context for Seller #
Overall 1 of 2
Sector: Environmental 1 of 1
Type: Divestiture 1 of 2
Country: United States 1 of 1
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Palm Commodities International

La Vergne, Tennessee, United States

Palm Commodities International, Inc. is a manufacturer and distributor of materials to the surface treatment industry in North America. Company transforms nickel and cobalt into plating chemicals and provides an extended customer portfolio, excellence in logistics support and customer service

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 EverZinc

Loncin, Belgium

EverZinc engages in the production of zinc chemicals with three product lines: fine zinc powders, zinc oxide, and zinc powders for batteries. Industrial operations are located in Belgium, the Netherlands, Norway, China, and Malaysia. EverZinc is based in Angleur, Belgium.

Sell €142M