Advised on Sale of CompanyMaterials, Chemicals & Mining
Zinc Recycling Division has been acquired by
IMAP have advised Harz-Metall on the sale of its zinc recycling division to a Belgian-Mexican joint venture consisting of Jean Goldschmidt International S.A. (JGI) and Zinc Nacional S.A. (ZN). The acquisition of the zinc recycling division by the industry-experienced consortium enables HMG to benefit from its market knowledge and operational expertise and thereby to develop over the long term.
Harz-Metall GmbH, founded as a lead silver smelter in 1527, is one of the leading European recycling companies for waste containing lead and zinc and is operating one of the largest industrial parks in Lower Saxony. The company employed around 120 people at the Oker Industrial Park.
Harz Oxid GmbH is a Belgian-Mexican joint venture consisting of Jean Goldschmidt International S.A. (JGI) and Zinc Nacional S.A. (ZN). JGI, based in Brussels/Belgium, is specialized in the trade of non-ferrous metals with a focus on zinc. ZN, based in Monterrey/Mexico, is a family owned business with over 60 years of experience in zinc recycling.