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Cumerio

From Wikipedia, the free encyclopedia
Cumerio S.A.
Company typeNon-ferrous metallurgy
IndustryCopper
PredecessorCopper activity division of Umicore
Founded29 April 2005
Defunct17 December 2008
FateAcquired
SuccessorAurubis after merge of Cumerio with Norddeutsche Affinerie AG (NA)
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

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

Cumerio 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 29 April 2005, and delisted from Euronext Brussels on 17 December 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

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

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

See also

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References

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  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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