Chemistry:KME Group
The KME Group is a manufacturer of metal products, primarily copper.[1] Their products included rolled copper, copper tubes, bars, and cables.[1][2]
They are stated to be one of the world's largest copper producers. It was formed from the merging of several copper producers: Kabelmetal AG in Osnabrück (formerly called OKD - Osnabrücker Kupfer und Drahtwerke), Stolberger Metallwerke, Tréfimétaux SA in France, and Europa Metalli.
History
The company began production as the SMI (Societa Metallurgica Italiana) in 1886 in Italy.[3]
In 2018, KME bought German copper product producer Mansfelder Kupfer.[4] The acquisition was investigated by the European Commission.[5]
In 2022, the company completed the purchase of multimetal supplier Aurubis flat rolled products segment (including factorites) across several countries.[6]
In February 2024, the company completed an equity transaction deal aimed at listing its Cunova business unit on the New York Stock Exchange (NYSE).[7]
Operations
The groups corporate business activities primarily take place in Italy.[2]
The company had sales of €1.9bn in 2023, producing around 200,000 metric tons of copper.[3]
In 2025 it was reported as employing around 3,400 people and operating eight production facilities spread across Germany, France, Italy, and the Netherlands.[3]
References
- ↑ 1.0 1.1 "Company Profile and News". https://www.bloomberg.com/profile/company/KME:IM.
- ↑ 2.0 2.1 "KME Group SpA, KME:MIL profile". 2025-03-25. https://markets.ft.com/data/equities/tearsheet/profile?s=KME:MIL.
- ↑ 3.0 3.1 3.2 Fabio, Pierpaolo Di; Officer, Chief Financial; SpA, KME; Pieters, Barry; Amsterdam, Head of Natural Resources (2025-02-26). "How KME's copper is fuelling the digital age – Deutsche Bank". https://flow.db.com/case-studies/how-kmes-copper-is-fuelling-the-digital-age#!.
- ↑ "KME buys German copper product producer Mansfelder Kupfer". 2018-07-10. https://www.mining.com/web/kme-buys-german-copper-product-producer-mansfelder-kupfer/.
- ↑ Taylor, Brian (2018-08-07). "Copper acquisitions attract EU scrutiny". https://www.recyclingtoday.com/news/aurubis-kme-copper-acquisitions-eu/.
- ↑ "Aurubis completes sale of four flat rolled products sites to KME". 2022-07-29. https://www.aurubis.com/en/media/press-releases/press-releases-2022/aurubis-completes-sale-of-four-flat-rolled-products-sites-to-kme.
- ↑ "Italy's KME signs deal with US SEDA to list Cunova unit on NYSE". 2024-02-20. https://www.reuters.com/markets/deals/italys-kme-signs-deal-with-us-seda-list-cunova-unit-nyse-2024-02-20/.
External links
- Official website
- Documents and clippings about KME Group in the 20th Century Press Archives of the ZBW
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