Befesa to acquire American Zinc Recycling assets for $450M

Befesa S.A. will acquire 100% of American Zinc Recycling's recycling assets for $450 million and invest $10 million for a minority stake in American Zinc Products, forming a joint venture. The deal creates a global leader in recycling steel mill dust.

“This transaction brings together the two established leaders in our respective markets to create a global leader in recycling electric arc furnace dust.”businesswire.com

• 2 sources
• businesswire.comAmerican Zinc Recycling Announces Combination with European-Based Leader in Hazardous Waste RecyclingMediaJun 16, 2021
• modernmetals.comAmerican Zinc Recycling announces combination with European-based leader in hazardous waste recyclingMatt LaFleurJun 30, 2021

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