# Korea Zinc subsidiary Pedalpoint Holdings acquires Kataman Metals for $55M

Pedalpoint Holdings, a U.S. subsidiary of Korea Zinc, acquired 100% of global scrap metal trading company Kataman Metals for USD 55 million.

- Type: Acquisition
- Announced: 2024-04-06
- Where: St. Louis, United States
- Value: $55.0M
- Status: completed
- Products: scrap metal trading
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Korea Zinc](https://endata.com/companies/35360.md) (acquirer)
- [Pedalpoint Holdings](https://endata.com/companies/76659.md) (acquirer)
- [Kataman Metals](https://endata.com/companies/76660.md) (target)

## Sources

- [steel-technology.com](https://www.steel-technology.com/news/korea-zincs-us-subsidiary-pedalpoint-holdings-acquires-global-scrap), 2024-04-06: "This acquisition will be a stepping stone to further strengthen Korea Zinc’s value chain in the resource recycling business."

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