On 13 January, Elemental Holding Group acquired the remaining 34% of shares in PGM of Texas through its subsidiary Elemental USA Inc., in which funds managed by PFR TFI are also shareholders. As a result of the transaction, we now hold 100% of the shares in PGM of Texas.
– The purpose of the transaction is to further the dynamic development of Elemental Holding in the United States and to strengthen its market position – emphasized Krzysztof Spyra, COO PGM and M&A of Elemental Holding Group.
PGM of Texas is a company specializing in the collection and processing of spent automotive catalysts (SACs) and is one of the leaders in the precious metals recovery market in the USA.