Press release: Aurubis sells US flat rolled products site in Buffalo to the Wieland Group
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Aurubis sells US flat rolled products site in Buffalo to the Wieland Group
Hamburg, September 4, 2024 — Aurubis AG is selling its Buffalo site in the US state of New York to the Wieland Group (Wieland). Wieland is a manufacturer of semi-finished copper and copper alloy products based in Ulm, Germany. The signing and closing of the sale took place on August 30, 2024. Both parties have agreed to keep the sale price of the transaction confidential.
Continued focus on core business
In the future, Aurubis will be concentrating even more strongly on primary copper production, recycling and the multimetal portfolio of its smelter network. In mid-2022, the company sold the production sites in Zutphen (Netherlands) as well as the slitting centers in Birmingham (United Kingdom), Dolný Kubín (Slovakia), and Mortara (Italy) with a total of about 360 employees to KME SE based in Osnabrück, Germany. With the sale of the Buffalo site, Aurubis continues to reduce the scope and complexity of its flat rolled product area.
Since June 2022, Aurubis has been building a new production site in Augusta in the US state of Georgia with a focus on processing complex recycling materials as part of its growth strategy. In 2019, the company also bought the former Metallo Group — a recycling specialist — and successfully integrated it into the Group.
Aurubis AG Angela Seidler Vice President Investor Relations & Corporate Communications Phone: +49 40 7883-3178
Christoph Tesch Head of Corporate Communication Phone:+49 40 7883 2178 Mobile: +49 172 438 238 8
Meino Hauschildt Senior Manager Corporate Communication / Senior Manager Konzernkommunikation Spokesperson / Pressesprecher Phone:+49 40 7883 3037 Mobile: +49 172 3290 621