Nextchem expands circular metals recovery with ETEK deal

Nextchem, the sustainable technology arm of MAIRE, has strengthened its circular solutions platform by acquiring a 70% stake in Italian metals recovery specialist Etek S.r.l., which owns 100% of TBRC furnace manufacturer Sisemtek S.r.l. The transaction gives Nextchem an integrated upstream–downstream technology and equipment offering for the recovery of precious and critical metals from complex industrial waste streams, including residues generated by fertilizer and wider process plants.

Transaction details