Cumerio

On 17 December 2008, Cumerio and Norddeutsche Affinerie AG (NA) became Aurubis - Europe’s biggest copper producer.[1]

Cumerio S.A.
TypeNon-ferrous metallurgy
IndustryCopper
FateAcquired
PredecessorCopper activity division of Umicore
SuccessorAurubis after merge of Cumerio with Norddeutsche Affinerie AG (NA)
Founded2005-April-29
Defunct2008-December-17
Headquarters,
Number of locations
Germany, Belgium, Bulgaria, Great Britain, Italy, Slovakia, and Switzerland
Area served
Europe
Key people
Luc Delagaye (CEO), Karel Vinck (Chairman of the Board of Directors)
ProductsCopper
ServicesCopper refining
Revenue€ 3.329 million (2007)
46.3 million € (2007)
Ownermerged with Norddeutsche Affinerie AG (NA), now named Aurubis
Number of employees
4 700
Websitewww.cumerio.com

Cumerio is (was) a copper refining company formed in 2005 by the division of the copper activity of Umicore. The Cumerio shares were first listed on Euronext Brussels on April 29, 2005, and delisted from Euronext Brussels on December 17, 2008, as a result of the squeeze-out after merging with Norddeutsche Affinerie AG.

Cumerio was active in smelting, refining and recycling of copper. The headquarters was located in Brussels. The production plants were located at:

Acquisition by Norddeutsche Affinerie AG

In June 2007, the German copper processor Norddeutsche Affinerie AG (NA) expressed its interest to take over Cumerio. On January 23, 2008, the European Commission accepted the transaction.[2]

On April 14, 2008, Cumerio became part of the NA Group. This made it the largest copper producer in Europe.

See also

References

  1. "Aurubis - the largest copper producer in Europe". International Mining. 2009-12-17. Retrieved 2009-03-04.
  2. : EN: PDF Summary of the Order of the Commission. OJ C161 of 25 June 2008.


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