Elemental Holding Group purchased 32% of shares in RECAT GmbH from Polish International Development Fund managed by PFR TFI S.A. As a result, the Group currently holds 100% of the shares of the German company.
– “This is a further step in the integration process of our Group. This will allow for better use of synergies and enable more effective implementation of optimization processes within the Elemental Holding Group, strengthening our position in the market” – emphasized Krzysztof Spyra, COO PGM and M&A Elemental Holding Group,
RECAT 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 German and Western European markets.