On 17 December 2008, Cumerio and

Norddeutsche Affinerie Aurubis AG (formerly Norddeutsche Affinerie AG) is listed on the stock exchange and is the largest copper producer in Europe (the second largest in the world) and the largest copper recycler worldwide. Its headquarters is in Hamburg, German ...

AG (NA) became

Aurubis Aurubis AG (formerly Norddeutsche Affinerie AG) is listed on the stock exchange and is the largest copper producer in Europe (the second largest in the world) and the largest copper recycler worldwide. Its headquarters is in Hamburg, German ...

- Europe's biggest copper producer. Cumerio is (was) a

copper Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkis ...

refining company formed in 2005 by the division of the copper activity of

Umicore Umicore N.V.. formerly '' Union Minière'', is a multinational materials technology company headquartered in Brussels, Belgium. Formed in 1989 by the merger of four companies in the mining and smelting industries, Umicore has since reshaped i ...

. The Cumerio shares were first listed on

Euronext Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, de ...

Brussels on 29 April 2005, and delisted from Euronext Brussels on 17 December 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 Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

. The production plants were located at: *

Pirdop Pirdop ( bg, Пирдоп ) is a town located in South-West Bulgaria in Pirdop Municipality of Sofia Province in the southeastern part of the Zlatitsa - Pirdop Valley at 670 m above sea level. It is surrounded by the Balkan Range (also known as t ...

(Bulgaria): refinery (

smelter Smelting is a process of applying heat to ore, to extract a base metal. It is a form of extractive metallurgy. It is used to extract many metals from their ores, including Silver mining#Ore processing, silver, iron-making, iron, copper extracti ...

) for the production of copper

anode An anode is an electrode of a polarized electrical device through which conventional current enters the device. This contrasts with a cathode, an electrode of the device through which conventional current leaves the device. A common mnemonic is ...

s; *

Olen Olen may refer to: Places *Olen, Belgium, a municipality in the province of Antwerp, Belgium * Olen, Russia, a village in Tula Oblast, Russia *Ølen, a former municipality in the county of Rogaland, Norway **Ølensjøen, a village formerly within t ...

(Belgium): refinery (

electrolysis In chemistry and manufacturing, electrolysis is a technique that uses direct electric current (DC) to drive an otherwise non-spontaneous chemical reaction. Electrolysis is commercially important as a stage in the separation of elements from n ...

) of high purity copper

s /

cathode A cathode is the electrode from which a conventional current leaves a polarized electrical device. This definition can be recalled by using the mnemonic ''CCD'' for ''Cathode Current Departs''. A conventional current describes the direction in whi ...

s, and production of rolling thread; *

Avellino Avellino () is a town and ''comune'', capital of the province of Avellino in the Campania region of southern Italy. It is situated in a plain surrounded by mountains east of Naples and is an important hub on the road from Salerno to Benevento. ...

(Italy): production of wires and wire rods; *

Yverdon-les-Bains Yverdon-les-Bains () (called Eburodunum and Ebredunum during the Roman era) is a municipality in the district of Jura-Nord vaudois of the canton of Vaud in Switzerland. It is the seat of the district. The population of Yverdon-les-Bains, , was ...

(Switzerland), Swiss Advanced Materials SA (SAM): production of complex profiles.

Acquisition by Norddeutsche Affinerie AG

In June 2007, the German copper processor

AG (NA) expressed its interest to take over Cumerio. On 23 January 2008 the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...

accepted the transaction.: EN: PDF Summary of the Order of the Commission.
OJ C161 of 25 June 2008. On 14 April 2008 Cumerio became part of the NA Group. This made it the largest copper producer in Europe.

References

External links

Website of Aurubis

Website of Cumerio

Website of Norddeutsche Affinerie AG

Defunct companies of Belgium Metal companies of Belgium {{copper-company-stub

Acquisition by Norddeutsche Affinerie AG

See also

References

External links