AMG to sell stake in graphite businesses for $38 million

January 14, 2015

January 14, 2015

AMG Advanced Metallurgical Group N.V. (AMG) has agreed to sell a 40% equity interest in AMG Graphit Kropfmühl GmbH and a 10.33% equity interest in Bogala Graphite Lanka PLC to Alterna Capital Partners for a combined cash price of $38m. The transaction is expected to close during the first quarter of 2015 and is subject to certain closing conditions including regulatory approvals.

The transaction is reported to be in line with AMG’s strategy to expand its critical materials business while at the same time continuing to reduce net debt. “Natural Graphite has a high growth potential and we have to reposition our global value chain to benefit from this opportunity. We are pleased to have found a partner who shares our views and values,” stated Dr Heinz Schimmelbusch, Chief Executive Officer of AMG.  

Roger Miller, Managing Partner of Alterna, stated, “We are excited to partner with AMG and their management team to progress AMG Graphite’s growth strategy. We believe AMG Graphite has demonstrated a strong track record of providing customers with high quality products and services and the Company is well positioned for continued growth.”

AMG Graphite is one of the world’s leading graphite producing and refining companies, with mining activities in Germany, Africa and Asia. AMG Graphite has more than 140 years of experience producing the highest quality natural graphite products through its own source mines and vertically integrated production facilities.

Bogala Graphite Lanka PLC produces high quality natural vein graphite from its mine in Sri Lanka. With a unique crystalline structure, vein graphite outperforms other types of macro crystalline graphite found elsewhere in the world. With an 80% shareholding, AMG Graphite will remain the majority shareholder in Bogala Graphite Lanka PLC.   

Powder Metallurgy Review magazine:

Your email address:

Useful links: Download PM Review magazine | News headlines | Browse articles 

January 14, 2015

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link