# Aurubis to acquire Metallo Group for €380 million

German copper group Aurubis announced plans to acquire full ownership of the Belgian-Spanish Metallo Group, a non-ferrous metals recycler, for an enterprise value of €380 million.

- Type: Acquisition
- Announced: 2019-05-29
- Where: Beerse, Belgium, Belgium
- Value: $425.0M (380.0M EUR)
- Status: announced
- Products: non-ferrous metals 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

- [euwid-recycling.com](https://www.euwid-recycling.com/news/business/aurubis-to-acquire-non-ferrous-recycler-metallo/), 2019-05-29: "Acquisition moves Aurubis closer to becoming a 'multi-metal recycler'."

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