# ElvalHalcor acquires 50% stake in NedZink through joint venture with Koramic

ElvalHalcor and Koramic Investment Group have signed a joint-venture agreement whereby ElvalHalcor acquires a 50% stake in NedZink BV through a capital increase. NedZink produces rolled titanium zinc in Budel-Dorplein, Netherlands.

- Type: Acquisition
- Announced: 2018-01-01
- Where: Budel-Dorplein, Netherlands
- Status: completed
- Products: rolled titanium zinc, zinc for roofing, facade cladding, gutters, rainwater drainage
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [ElvalHalcor](https://endata.com/companies/30069.md) (acquirer)
- [Koramic Investment Group](https://endata.com/companies/38634.md) (partner)
- [NedZink](https://endata.com/companies/38635.md) (target)

## Sources

- [nedzink.com](https://www.nedzink.com/en/about-nedzink/), 2019-04-10: "In 2018 Koramic and ElvalHalcor have signed a joint-venture agreement whereby ElvalHalcor shall acquire a 50% stake in NedZink BV through a capital increase."

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