2 Acquisitions in the Precious Metals industry

Company acquisitions in the Precious Metals industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Precious Metals industry.

Norzinc acquired by Resource Capital Funds

Details about the transaction:

Acquisition amount: $12,721,703

Announcement: 5 October 2022

Details about the company:

The ethical and sustainable exploitation of mineral resources across Canada is a priority for NorZinc Ltd. ("NZC").

Headquarter:

Where to find them: Website

Industry: Mineral, Precious Metals

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Rohit Ferro-Tech acquired by Tata Steel Mining

Details about the transaction:

Acquisition amount: $78,862,656

Announcement: 24 June 2022

Details about the company:

One of the biggest producers of Silico manganese, Ferro manganese, and stainless steel is SKP Group's flagship enterprise.

Headquarter:

Where to find them: Website

Industry: Manufacturing, Precious Metals

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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