HMS Bergbau AG: South African HMS Bergbau Africa (Pty) Ltd acquires 25,1% of Zamfin Capital
Berlin, 4. July 2016: HMS Bergbau AG announces the acquisition of 25.1% shareholding in South African Zamfin Capital (Pty) Ltd through its 100% subsidiary HMS Bergbau Africa (Pty) Ltd. With the acquisition HMS Bergbau Africa will have access to coal beneficiation capacity in the Delmas area and with a capacity of 350,000 mts per month, expected to become operational in November 2016. The plant will be located in close proximity to Africa’s largest power station. As part of the transaction HMS Bergbau Africa (Pty) Ltd concluded an exclusive marketing agreement with Zamfin Capital and it’s parent Zamfin Group.
With this acquisition, HMS Bergbau AG strengthens its position in the strategically important Mpumalanga region of South Africa and can extendly supply domestic as well as export markets with the required coal qualities.
Both parties have agreed to keep further details on the acquisition confidential.
The Management Board
About HMS Bergbau AG:
Berlin-based HMS Bergbau AG is one of the leading independent raw materials marketing and trading companies in Germany, specialising in the international purchase and sale of coal and raw materials such as ore, metals and cement products. Its customers include renowned energy producers and other industrial consumers worldwide, with whom we work closely to provide raw materials. HMS Bergbau AG is active primarily in Asia, Africa and Europe and also develops first-class raw material resources. Through its Polish subsidiary Silesian Coal Sp. z o.o., the company also has licences to explore coal reserves in Silesia. HMS Bergbau AG has also sold the coal products of IchorCoal N.V. for a considerable time and concluded a number of new supply agreements in 2015, particularly in Asia. HMS Bergbau AG also handled complex transport solutions for its customers. The company was established in 1995 and is listed on Germany’s Frankfurt Stock Exchange in the Entry Standard segment.