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The German Federal Cartel Office approved the acquisition of a 51% stake in Prometall GmbH by Kaatsch, a Scholz subsidiary and scrap metal trader based in Plochingen, Germany. The approval was announced on January 25, 2023.
“Freigabe erteilt: Die Scholz-Tochter Kaatsch darf 51 Prozent der Anteile der Prometall GmbH übernehmen.”euwid-recycling.de
Summarized from public sources; check the original articles before acting on it.