Acquiring Company
Gem Resources PLC
Acquired Company
CREC Material Co S.A.S
China
ColombiaMiningMineralManufacturingMiningPrecious MetalsDescription
Gem Resources PLC has entered into a conditional agreement to acquire 100% of CREC Material Co S.A.S. for an all-share consideration of £750,000. The acquisition will provide control over the operational gold processing business at El Yarumo in Colombia. This strategic move allows Gem Resources to enter the Colombian gold sector with significant optimization and expansion potential.
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M&A Insights
Based on deal dataFrequently asked
Who acquired CREC Material Co S.A.S?
CREC Material Co S.A.S was acquired by Gem Resources PLC, based in China. The deal was reported on September 8, 2026. Gem Resources PLC is a natural resources company focused on identifying, acquiring, and advancing mining and resource opportunities. The company aims to optimize and expand its assets in the mining sector. Gem Resources PLC is privately held and operates in Mining.
When did Gem Resources PLC acquire CREC Material Co S.A.S?
Gem Resources PLC's acquisition of CREC Material Co S.A.S was reported on September 8, 2026. Gem Resources PLC has entered into a conditional agreement to acquire 100% of CREC Material Co S.A.S. for an all-share consideration of £750,000. The acquisition will provide control over the operational gold processing business at El Yarumo in Colombia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CREC Material Co S.A.S do?
CREC Material Co S.A.S. operates the El Yarumo gold processing facility in Buenos Aires, Cauca. The company focuses on processing gold-bearing materials and has established infrastructure and workforce. It is privately held, operating in Manufacturing, and is based in Colombia.
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