Brock Metal Acquired by the NFM Group S.A.
The NFM Group S.A., Strassen (LU)
NFM Group announces completion of acquisition of The Brock Metal Company Limited.
The NFM Group, one of the major zinc alloy producers in the European market, confirms that on the 31st May 2018 it completed the acquisition of the Brock Metal business from Chelyabinsk Zinc Plant (“CZP”).
The Brock Metal Company is based in Cannock (UK) and is a leading supplier of zinc die-casting and galvanizing alloys in the UK and European markets. CZP is the largest producer of SHG zinc and zinc alloys in Russia. NFM Group is a privately held company. Its principal shareholders are the managers of the operational subsidiaries NFM-Cramet N.V. and NFM Alloyz S.A.
All of Brock’s existing management team and employees will continue with the business. The transaction was advised on by Hawkins Hatton Corporate Lawyers for NFM and Shakespeare Martineau LLP for CZP. The Company and its directors were advised by KPMG, who ran the sales process.
Claude Bever, Managing Director of NFM Alloyz, said: “This acquisition demonstrates the Group’s focus on further growing the profitability of its core niche zinc alloys business. Brock Metal’s know-how and experience complements our existing activities. It will allow us to position the NFM Group for new business opportunities and to enhance customer relationships in a global manner.”