CMS Prague has successfully advised Metal Trade Comax Group, a Czech metals processing conglomerate, on its acquisition of the German Oetinger Aluminium Group from Orlando Management AG.
The acquisition creates one of Europe’s leading and dynamic aluminium recycling groups. The Oetinger Group is a leading German manufacturer of recycled aluminium casting alloys, with strategic facilities in Bavaria. Czech-based Metal Trade Comax is a significant exporter and CEE supplier to building industry of a range of metal products.
Supplying aluminium to the motor industry, Metal Trade Comax’s acquisition not only diversifies the its geographical profile, but strengthens the group’s aluminium-production capacity to approximately 220,000 tons per annum – confirming its formidable position in the European aluminium recycling market.
The CMS Prague team led by Helen Rodwell, with support from Lukas Janicek, Frances Gerrard, James Oczko and Ediz Osman (Corporate).