KME Group

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The KME Group is a manufacturer of metal products, primarily copper. [1] Their products included rolled copper, copper tubes, bars, and cables. [1] [2]

Contents

They are stated to be one of the world's largest copper producers. It was formed from the merging of several copper producers: Kabelmetal AG in Osnabrück (formerly called OKD - Osnabrücker Kupfer und Drahtwerke), Stolberger Metallwerke, Tréfimétaux SA in France, and Europa Metalli.

History

The company began production as the SMI (Societa Metallurgica Italiana) in 1886 in Italy. [3]

In 2018, KME bought German copper product producer Mansfelder Kupfer. [4] The acquisition was investigated by the European Commission. [5]

In 2022, the company completed the purchase of multimetal supplier Aurubis flat rolled products segment (including factorites) across several countries. [6]

In February 2024, the company completed an equity transaction deal aimed at listing its Cunova business unit on the New York Stock Exchange (NYSE). [7]

Operations

KME office in Osnabruck KME Osnabruck Verwaltung.jpg
KME office in Osnabrück

The groups corporate business activities primarily take place in Italy. [2]

The company had sales of €1.9bn in 2023, producing around 200,000 metric tons of copper. [3]

In 2025 it was reported as employing around 3,400 people and operating eight production facilities spread across Germany, France, Italy, and the Netherlands. [3]

References

  1. 1 2 "Company Profile and News". Bloomberg.com. Retrieved 2025-03-25.
  2. 1 2 "KME Group SpA, KME:MIL profile". FT.com. 2025-03-25. Retrieved 2025-03-25.
  3. 1 2 3 Fabio, Pierpaolo Di; Officer, Chief Financial; SpA, KME; Pieters, Barry; Amsterdam, Head of Natural Resources (2025-02-26). "How KME's copper is fuelling the digital age – Deutsche Bank". flow – Deutsche Bank. Retrieved 2025-03-25.
  4. ↑ "KME buys German copper product producer Mansfelder Kupfer". MINING.COM. 2018-07-10. Retrieved 2025-03-25.
  5. ↑ Taylor, Brian (2018-08-07). "Copper acquisitions attract EU scrutiny". Recycling Today. Retrieved 2025-03-25.
  6. ↑ "Aurubis completes sale of four flat rolled products sites to KME". Aurubis. 2022-07-29. Retrieved 2025-03-25.
  7. ↑ "Italy's KME signs deal with US SEDA to list Cunova unit on NYSE". Reuters. 2024-02-20. Retrieved 2025-03-25.


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