Metalcorp Group S.A.

  • WKN: A19MDV
  • ISIN: DE000A19MDV0
  • Land: Luxemburg

Nachricht vom 09.07.2018 | 12:00

Metalcorp Group fully acquires Stockach Aluminium

DGAP-News: Metalcorp Group B.V. / Key word(s): Investment

09.07.2018 / 12:00
The issuer is solely responsible for the content of this announcement.


Metalcorp Group fully acquires Stockach Aluminium
- Acquisition of remaining 50% completed
- BAGR Berliner Aluminiumwerk GmbH initiates investments in additional capacity
- Metalcorp Group plans to relocate registered office from Amsterdam to Luxembourg

Amsterdam, 9 July 2018 - As previously announced, Metalcorp Group B.V., a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe's leading independent producers of secondary aluminium slabs, acquired on 6 July 2018 the remaining 50% of the shares in Stockach Aluminium GmbH from its co-shareholder through its subsidiary, BAGR Berliner Aluminiumwerk GmbH, with economic effect from 1 January 2018. The company thus continues to expand its leading position in the production of alloyed aluminium slabs, which will have a positive effect on the bottom line already in 2018. The acquisition is subject to approval by the relevant antitrust authorities.

At the Berlin location, investments in a homogenisation plant have commenced as planned. Metalcorp Group expects its aluminium division to generate a record result again in 2018.

To simplify its corporate structure and reduce its administrative expenses, Metalcorp Group will relocate its registered office from Amsterdam to Luxembourg still in 2018. The resulting savings will amount to between EUR 0.6 million and EUR 1 million.

About Metalcorp Group B.V.:
Metalcorp Group is a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe's leading independent producers of secondary aluminium ingots. Its core competence in all segments are so-called back-to-back transactions requiring no stock-keeping, which make the Group's operations largely immune to price risks and neutralise other trading risks. With its subsidiaries and own offices the Group operates in 18 countries around the world and has four production facilities in Europe. The 2017/2022 bond (ISIN: DE000A19MDV0) is traded on the Open Market of Deutsche Börse AG ("Freiverkehr" of the Frankfurt Stock Exchange), while the 2017/2022 bond (ISIN: NO0010795701) is traded on the Oslo Stock Exchange.

For further information:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0)89 8896906-25
metalcorp@better-orange.de

Mark Nunes
Metalcorp Group B.V.
+31 (0) 20 890 89 00
mnunes@metalcorpgroup.com



09.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Cryptology Asset Group PLC: 120 % Kurspotenzial

GBC Research hat mit der Coverage der Cryptology Asset Group PLC (ISIN: MT0001770107) begonnen. Die Bewertung der führenden europäischen Investmentgesellschaft für Krypto-Assets und Blockchain-Unternehmen erfolgte mittels der Berechnung des Net Asset Value (NAV). Unter Berücksichtigung aller Beteiligungen ergibt sich zum 05. Juli 2021 eine GBC-Fair-NAV-Bewertung in Höhe von 1,04 Mrd. EUR. Daraus ergibt sich ein NAV je Cryptology-Aktie von 358,43 EUR. Daher empfiehlt GBC Research die Cryptology-Aktie zum Kauf und sieht ein Kurspotenzial von über 120 %.

Aktueller Webcast

HENSOLDT AG

H1 2021 Analyst Call

04. August 2021

Aktuelle Research-Studie

Original-Research: Diversified Energy PLC (von First Berlin Equity Research GmbH): Kaufen Diversified Energy PLC

23. Juli 2021