IMAP have advised Harz-Metall on the sale of its lead recycling division and the industrial park to the Bettels company group.

Harz-Metall GmbH, Goslar, Germany

Harz-Metall GmbH, founded as a lead silver smelter in 1527, is one of the leading European recycling companies for waste containing lead and zinc and is operating one of the largest industrial parks in Lower Saxony. The company employed around 120 people at the Oker Industrial Park.

Hermann Bettels GmbH & Co. KG, Hildesheim, Germany

As the future operator of the industrial park, Bettels will take over, among other things, the management of the mono-deposit for zinc recycling waste and the operation of the central waste water treatment plant on the over 80-hectare area, as well as the lead recycling division. As a family owned company, Bettels is active in the business areas of waste disposal/raw materials, transport logistics and infrastructure construction, among others, and complements its portfolio in the field of recycling through the acquisition.

"We would like to thank IMAP, who provided us with professional and committed support in this highly complex M&A process," adds Dirk Schoene, HMG's authorized representative.