Aperam announces the signing of a Share Purchase Agreement with Franz Haniel & Cie. GmbH to acquire ELG, a global leader in stainless and alloys recycling - Seite 3

You can find more information about Haniel at www.haniel.de/en.

 

About ELG

 

ELG, a specialist in trading, processing, and recycling raw materials for the stainless-steel industry as well as high-performance materials such as superalloys and titanium, has been part of the Haniel portfolio since 1983. In the past 40 years, the division has developed into a leading company in its sector.

 

 

 

 

 

 

About Aperam

 

Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organised in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

 

Aperam has a flat Stainless and Electrical steel capacity of 2.5 million tonnes in Brazil and Europe and is a leader in high value specialty products. In addition to its industrial network, spread over six production facilities in Brazil, Belgium and France, Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and special steels from low cost biomass (charcoal made from its own FSC-certified forestry).

 

In 2020, Aperam had sales of EUR 3,624 million and steel shipments of 1.68 million tonnes.

 

For further information, please refer to our website at www.aperam.com

 

 

 

 

Deutsche Bank Aktiengesellschaft has acted as financial adviser to Aperam in connection with the transaction.

 

 

 

 

Contact

 

Corporate Communications /  Laurent Beauloye: [phone] ; [e-mail]

Investor Relations / Thorsten Zimmermann:  [phone] ; [e-mail]

 

 

 

 

---

Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

---

1193442  06-May-2021 CET/CEST