# ME Elecmetal acquires Prima Foundry in South Africa

ME Elecmetal, a global mining supply company headquartered in Chile, formalized the acquisition of Prima Foundry, a leading foundry in Gauteng, South Africa, specializing in engineering castings for the mining industry.

- Type: Acquisition
- Announced: 2024-09-04
- Where: Gauteng, South Africa
- Status: completed
- Products: engineering castings for mining
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ME Elecmetal](https://endata.com/companies/26950.md) (acquirer)
- [Prima Foundry](https://endata.com/companies/79615.md) (target)

## Sources

- [int.me-elecmetal.com](https://int.me-elecmetal.com/en-us/me-elecmetal-announces-investment-in-south-africa/), 2024-09-04: "This is a significant milestone for ME Elecmetal, who has a 107-year history in the mining industry, with sales in over 40 countries."
- [thepost.co.za](https://thepost.co.za/business-report/economy/2024-09-04-sa-investment-case-gets-nod-of-confidence-as-chilean-mining-firm-buys-sa-foundry/), 2024-09-04: "The integration of the Prima Foundry into ME Elecmetal’s global operations is a strategic milestone for the company and a significant vote of confidence in the management and staff of the Prima Foundry, as well as it is for the broader investment case in South Africa."
- [businessday.co.za](https://www.businessday.co.za/bd/companies/mining/2024-09-04-chilean-group-buys-prima-one-of-sas-oldest-foundries/), 2024-09-04: "ME Elecmetal is committed to the long-term success of ME Elecmetal Prima and to helping grow SA's and Africa's industrial and mining sectors."

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