July 9th, 2013
We are pleased to announce that on July 9th, 2013, Groupe Alpha, a leading Pan-European private equity firm, confirmed the sale of Metallum Holding S.A. (the “Company”) to Towerbrook Capital Partners L.P.
Headquartered in Luxembourg and founded in 2007, Metallum Holding S.A. controls Metallo-Chimique N.V., an innovative refiner of metals, able to produce high-quality metals (incl. copper, tin, lead and nickel) solely using inferior, complex and impure secondary raw materials, as well as Metallum Group, a leading international trader of primary and secondary metals and their residues, also active in the processing of metal, iron and electronic scrap and the provision of comprehensive recycling services. The Company has significantly invested in its asset base under the leadership of Patrick Verschelde and Leo Steenbergen, respectively Chairman and group CFO of Metallum Holding S.A.
The Company recycles, processes and sells about 1,000,000 tonnes of metals annually. Of these, approximately 60% fall in the copper sector, 20% in the aluminium sector and 20% are iron and other metals. In Europe, Metallum Holding S.A. is the market leader in the non-ferrous metals sector.
In 2012, the Company generated ca. 1.7 billion euros of revenues and counted over 1,000 employees.
In the context of the transaction, Sycomore Corporate Finance acted as exclusive sell-side advisor to Groupe Alpha and exclusive financial advisor to Metallum Holding’s Management.
Completion of the sale is subject to competition authority clearance.
The transaction team comprised Olivier Barret, Pierre-Arnaud de Lacharrière, Tristan Dupont, Thomas d’Espois and Khouloud Cheriqi.