Provaluta Recycling SE
Recyc Commodities SE : Recyc Commodities SE expands its recycling business
Recyc Commodities SE / Key word(s): Miscellaneous 09.05.2011 / 20:00 (Karlsruhe, May 9th, 2011) Recyc Commodities SE has taken an 83 % stake in the Mannheim based Provaluta AG. The Provaluta AG reprocesses precious metals, and trades actively with raw and recyclable materials. In addition, Provaluta AG acts as an investment vehicle in order to consolidate the operations of the various investments while optimizing them both from a strategic as well as economic standpoint; through its size, as well as the given synergistic potential. As a result, Provaluta AG bought a 50 % stock in MWF Metall Recycling GmbH, whose business focus is the profitable recycling of catalytic converters allowing MWF to extract platinum group metals such as Rhodium, Palladium and Platinum, which are currently in strong demand. About Provaluta AG Aside from the reprocessing of precious metals from catalytic converters, the business focus of Provaluta AG is the profitable recycling and trading of raw and recyclable materials. The company sells physical unrefined Gold, Silver and Rhodium to smelters and refineries. Provaluta AG earns its money with the trading margin between purchase and sale. In addition to this, the company has established a further business which finances equity investments and commercial transactions in the area of recycling as well as for affiliated companies. Currently, the company is preparing itself for a long-term boom in the demand for precious metals. Further information about Provaluta AG can be found in the internet under http://www.provaluta.eu/ About MWF Metall Recycling GmbH The Karlsruhe based company gains valuable raw materials such as Lead, Platinum, Rhodium and Palladium out of scrap metal. The MWF possesses a modern laboratory with the technology enabling it to predetermine the existing elements and their amounts in each catalytic converter, prior to its recycling. Overall, approximately 20 people are involved in the ambitious project 'Save resources by efficient recycling of metal'; from the purchase, the analysis, the certified processing, the storage, through to the distribution. Further information about MWF Metall Recycling GmbH can be found in the internet under http://www.mwf-recycling.com About Recyc Commodities SE The Recyc Commodities SE finances potential high growth companies in the recycling industry, in their early and expansion phases. The financial holdings are concentrated on innovative firms situated for the most part in Germany. Recyc Commodities invests in partnerships as well as in exchange listed corporations. In exceptional cases, Recyc Commodities is also prepared to take over the management functions for certain specially picked companies and/or service providers in the recycling- and raw materials business. Further information about Recyc Commodities SE can be found in the internet under http://recyc.info/ Recyc Commodities SE Herrenstraße 9 76133 Karlsruhe T.: +49 (0)721 94 880 0 F.: +49 (0)721 94 88011 E.: recyc@recyc.info End of Corporate News --------------------------------------------------------------------- 09.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 123681 09.05.2011
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