# Aurubis agrees to buy Metallo Group for EUR 380M

German rolled-copper manufacturer Aurubis has agreed to acquire private equity-backed Metallo Group for EUR 380 million to bolster its recycling portfolio.

- Type: Acquisition
- Announced: 2019-05-22
- Where: Germany
- Value: $424.0M (380.0M EUR)
- Status: announced
- Products: copper recycling
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aurubis](https://endata.com/companies/39531.md) (acquirer)
- [Metallo Group](https://endata.com/companies/39532.md) (target)

## Sources

- [law360.com](https://www.law360.com/articles/1162066/sidley-guides-german-copper-co-s-380m-recycling-biz-deal), 2019-05-22: "German rolled-copper manufacturer Aurubis said Wednesday it has agreed to buy private equity-backed Metallo Group for €380 million ($424 million) in a deal guided by Sidley Austin LLP that will bolster Aurubis' recycling portfolio."

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