2 Acquisitions of Companies in the Precious Metals Industry

January 15, 2023
Acquisitions Hub

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:

Vancouver, British Columbia, Canada

Where to find them:

Industry:

Mineral, Precious Metals

Details about the buyer:

Private equity firm Resource Capital Funds specializes in the mining industry.

Headquarter:

Denver, Colorado, United States

Where to find them:

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:

Kolkata, West Bengal, India

Where to find them:

Industry:

Manufacturing, Precious Metals

Details about the buyer:

A mining firm called Tata Steel Mining creates ferrochrome and chrome ore.

Headquarter:

Bhubaneswar, Orissa, India

Where to find them: