TowerBrook buying Metallum for scrap, refining presence

Jul 10, 2013 | 03:48 PM | Rey Mashayekhi

Tags  Towerbrook Capital Partners, Metallum Holding SA, Groupe Alpha, recycling, secondary refining, copper, tin, acquisition Rey Mashayekhi

NEW YORK — Private equity firm TowerBrook Capital Partners LP has signed a deal to acquire a majority stake in Metallum Holding SA, giving it exposure to the European metal refining and recycling markets.

TowerBrook, headquartered in New York and London, said it had been in talks to acquire Metallum since late 2012. The deal includes both Metallum divisions: Belgium-based Metallo Chimique NV, which specializes in copper and tin secondary refining, and Switzerland-based Metallum Group (Schweiz) AG, which operates scrap handling and recycling....

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