Rahul Sharma (Editor)

Cumerio

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Former type
  
Non-ferrous metallurgy

Fate
  
Acquired

Headquarters
  
Olen, Belgium

Ceased operations
  
December 17, 2008

Industry
  
Copper

Defunct
  
2008-December-17

Founded
  
29 April 2005

Parent organization
  
Aurubis

Predecessor
  
Copper activity division of Umicore

Successor
  
Aurubis after merge of Cumerio with Norddeutsche Affinerie AG (NA)

Subsidiaries
  
Aurubis Switzerland SA, Cumerio Austria GmbH, Cumerio Med AD

On 17 December 2008, Cumerio and Norddeutsche Affinerie AG (NA) became Aurubis - Europe’s biggest copper producer.

Cumerio is (was) a copper refining company formed in 2005 by the division of the copper activity of Umicore. The Cumerio shares were first listed on Euronext Brussels on April 29, 2005, and delisted from Euronext Brussels on December 17, 2008, as a result of the squeeze-out after merging with Norddeutsche Affinerie AG.

Cumerio was active in smelting, refining and recycling of copper. The headquarters was located in Brussels. The production plants were located at:

  • Pirdop (Bulgaria): refinery (smelter) for the production of copper anodes;
  • Olen (Belgium): refinery (electrolysis) of high purity copper anodes / cathodes, and production of rolling thread;
  • Avellino (Italy): production of wires and wire rods;
  • Yverdon-les-Bains (Switzerland), Swiss Advanced Materials SA (SAM): production of complex profiles.
  • Acquisition by Norddeutsche Affinerie AG

    In June 2007, the German copper processor Norddeutsche Affinerie AG (NA) expressed its interest to take over Cumerio. On January 23, 2008, the European Commission accepted the transaction.

    On April 14, 2008, Cumerio became part of the NA Group. This made it the largest copper producer in Europe.

    References

    Cumerio Wikipedia