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SRX Global's Smartkem to merge with Ferrox

PUBLIC · SRXHAug 03, 2026

Acquiring Company

SRX Global

Acquired Company

Ferrox Critical Materials

BalochistanSouth AfricaHealth CareArtificial IntelligenceImage RecognitionMiningMineral

Description

SRX Global Inc. announced that its portfolio company, Smartkem, Inc., will merge with Ferrox Critical Minerals to enhance critical minerals sourcing. The merger is subject to shareholder approval and customary closing conditions. This strategic move aims to strengthen the investment in advanced materials for both companies. SRX Global also holds a 4.99% stake in Smartkem.

Company Information

Company

SRX Global

Location

Balochistan, Pakistan

About

SRX Global Inc., formerly known as SRx Health Solutions, focuses on investments in high-conviction operating companies and assets. The company has launched an AI-driven platform strategy aimed at maximizing shareholder value. With a highly experienced team, SRX Global combines operational expertise with next-generation capital deployment strategies. The firm trades on the NYSE American under the ticker symbol ‘SRXH’.

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Frequently asked

Who acquired Ferrox Critical Materials?

Ferrox Critical Materials was acquired by SRX Global, based in Balochistan. The deal was reported on August 3, 2026. SRX Global Inc., formerly known as SRx Health Solutions, focuses on investments in high-conviction operating companies and assets. SRX Global is publicly traded (SRXH) and operates in Health Care.

When did SRX Global acquire Ferrox Critical Materials?

SRX Global's acquisition of Ferrox Critical Materials was reported on August 3, 2026. SRX Global Inc. announced that its portfolio company, Smartkem, Inc., will merge with Ferrox Critical Minerals to enhance critical minerals sourcing. The merger is subject to shareholder approval and customary closing conditions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ferrox Critical Materials do?

Ferrox Critical Materials was incorporated in 2006 as a holding company for a portfolio of strategic resources and leadership capabilities. It focuses on advancing strategic priorities in technology and operations. It is privately held, operating in Mining, and is based in South Africa.

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