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KME in new investments

Nick Brittonby Nick Britton


Milan-listed KME, a maker of copper and alloy products, has halted its share buyback programme to make new investments. KME has acquired a 30 per cent stake in Naples-based Metalbuyer, a dealer in ferrous and non-ferrous metals, mostly scrap, for €1.5 million (£1.3 million). KME has an option to buy a further 21 per cent within three years

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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