# OpenGate Capital completes acquisition of Umicore Zinc Chemicals, renames to EverZinc

OpenGate Capital completed the acquisition of Umicore Zinc Chemicals from Umicore and renamed the business EverZinc. EverZinc has operations in Belgium, Netherlands, Norway, China and Malaysia, with over €400 million annual revenue.

- Type: Acquisition
- Announced: 2016-11-28
- Where: Angleur, Belgium, Belgium
- Jobs: 500
- Status: completed
- Products: fine zinc powders, zinc oxide, zinc for batteries
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [OpenGate Capital](https://endata.com/companies/19786.md) (acquirer)
- [Umicore](https://endata.com/companies/19787.md) (target)
- [EverZinc](https://endata.com/companies/19788.md) (target)

## Sources

- [via.ritzau.dk](https://via.ritzau.dk/pressemeddelelse/9187159/ca-opengate-capital?publisherId=90456), 2016-11-28: "EverZinc is yet another example of OpenGate executing on our strategy to build new value in businesses that have untapped potential."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.