# GMH Gruppe to acquire ALBA Metall Saar GmbH

GMH Gruppe has signed an agreement to acquire ALBA Metall Saar GmbH, a scrap and metal trading company in Bous, Saarland. The transaction is subject to closing conditions and antitrust approval, with completion expected by August 30, 2024.

- Type: Acquisition
- Announced: 2024-07-24
- Where: Bous, Saarland, Germany
- Status: announced
- Products: scrap metal, recycled raw materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [GMH Gruppe](https://endata.com/companies/79215.md) (acquirer)
- [ALBA Metall Saar GmbH](https://endata.com/companies/79216.md) (target)

## Sources

- [gmh-gruppe.de](https://www.gmh-gruppe.de/en/news/gmh-gruppes-strategic-acquisition-of-alba-metall-saar-gmbh/), 2024-08-15: "This acquisition is a further step in GMH Gruppe’s strategic expansion in the steel scrap market."

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