02
Mar
09:20
Derichebourg agrees Ecore acquisition
French recycler Derichebourg has agreed the acquisition of Luxembourg-based Ecore Group. Ecore owns French scrap merchant GDE.
Derichebourg intends to buy a 100% shareholding in Ecore. The acquisition will be completed after the go-ahead from the competition authority, a source close to Derichebourg tells Kallanish.
GDE Ecore counts 68 sites in France and employs 1,339 workers for a turnover in 2019 of €1.16 billion ($1.39 billion). GDE is also purchasi…
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Very good overview of the weekly steel market.
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