Deal Snapshot
NEO MATERIAL TAKES HALF OF GERMAN RARE METALS CO BUSS & BUSS
Monday 31 May 2010

Canadian magnetic materials maker Neo Material Technologies (TSE:NEM) announced it has agreed to purchase a 50% stake in German rare metals recycling company Buss & Buss Spezialmetalle as it aims to boost its rare metals business.


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Details
Date Published: 31/05/2010
Target: Buss & Buss Spezialmetalle GmbH
Country: Germany
Sales: 4.9m (USD)
Sector: Waste Management/Environment, Metals/Mining
Type: Corporate acquisition
Status: Agreed
Buyer: Neo Material Technologies Inc

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