1 Apr 2020
EUR 88.52 million
Infrastructure, transportation and telecom
|Date of agreement:||1 Feb 2007|
|Customer:||Stena Metall Finans AB|
|Amount in SEK:||SEK 300 million|
|Amount in EUR:||EUR 33.2 million|
|NACE sector / loan type:||Recycling|
|Business area:||Industries and services|
The loan totalling SEK 300 million is aimed at financing Stena Metall's acquisition of the Danish recycling company Rødkærsbro A/S. The acquisition took place in 2006 and made Stena Metall the metal recycling market leader in Denmark, where the company operates 16 scrap yards and production facilities. The Stena Metall group is the Nordic leader in recycling and environmental services. The group recycles and processes metals, paper, electronic scrap, hazardous waste and chemicals. Its operations also include international trading in steel, metals and oil. Stena Metall operates in around 230 locations in Sweden, Norway, Denmark, Finland, Poland, Russia, Germany, Austria and the US.
Environmental impacts from the facilities under normal operation are restricted to noise and emissions to air. All five sites hold ISO 14001 certificates and operate within their respective environmental permits.