Linklaters Advises Glencore on the Establishment of an Aluminum Recycling Joint Venture

Linklaters’ U.S. M&A team advised Glencore on the establishment of an aluminum recycling joint venture with Alumicore. The transaction included the acquisition of the business of Zeb Aluminum and a sale of a 55% stake in the acquired business to Alumicore. The joint venture owns and operates a recycling and remelting complex near Charleston, South Carolina.

The Linklaters team was led by Co-Head of U.S. M&A Heiko Schiwek, M&A Partner Gregory Gewirtz, and M&A Counsel Yiting Du and Wendy Suh.

The team also included M&A Associates Michael Lomtevas and Lauren Wells, Banking Partner Danelle Le Cren and Banking Counsel Andres Loera, Executive Compensation and Employee Benefits (ECB) Partner-Elect Janet Lee, ECB Associates Sonia Bennett and Krystal Dillon, and Real Estate Counsel Yelena Nersesyan.