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Pedalpoint Holdings, a subsidiary of Korea Zinc, acquires Kataman Metals to strengthen value chain in resource recycling

PRIVATEApr 05, 2024

Acquiring Company

Korea Zinc Ltd

Acquired Company

Kataman Metals

SeoulSt. LouisManufacturingMiningPrecious MetalsMineralFinancial Services

Description

Pedalpoint Holdings, a U.S. subsidiary of Korea Zinc, has announced the acquisition of Kataman Metals, a global scrap metal trading company based in St. Louis, USA. This strategic move aims to strengthen Korea Zinc's value chain in the resource recycling business, providing access to a broader and more diverse network of scrap metal feedstock sources and ensuring a steady supply of scrap metals for the company's planned copper facility expansions.

Quick answer

Korea Zinc Ltd is acquiring Kataman Metals, announced April 5, 2024. Korea Zinc Ltd is based in Seoul, Seoul, South Korea.

How much did Korea Zinc Ltd pay for Kataman Metals?
The deal value was not disclosed.
What does Korea Zinc Ltd do?
Korea Zinc Co., Ltd. is the world's largest integrated nonferrous metal smelting company.
Where are Korea Zinc Ltd and Kataman Metals based?
Korea Zinc Ltd is based in Seoul, Seoul, South Korea. Kataman Metals is based in St. Louis, Missouri, United States.

Source: Fundz verified event record.

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Company Information

Company

Korea Zinc Ltd

Location

Seoul, Seoul, South Korea

About

Korea Zinc Co., Ltd. is the world's largest integrated nonferrous metal smelting company. It plays a crucial role in the nonferrous metal industry and serves as a significant player in the national economy. The company is known for its sustainability efforts and technological innovations.

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Frequently asked

Who acquired Kataman Metals?

Kataman Metals was acquired by Korea Zinc Ltd, based in Seoul. The deal was reported on April 5, 2024. Korea Zinc Co., Ltd. is the world's largest integrated nonferrous metal smelting company. It plays a crucial role in the nonferrous metal industry and serves as a significant player in the national economy. Korea Zinc Ltd is privately held and operates in Manufacturing.

When did Korea Zinc Ltd acquire Kataman Metals?

Korea Zinc Ltd's acquisition of Kataman Metals was reported on April 5, 2024. Pedalpoint Holdings, a U.S. subsidiary of Korea Zinc, has announced the acquisition of Kataman Metals, a global scrap metal trading company based in St. Louis, USA. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kataman Metals do?

Kataman Metals is a global scrap metal trading company with over 30 years of experience in the recycling sector. It is privately held, operating in Financial Services, and is based in St. Louis.

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