Derichebourg to Acquire Scholz Recycling Group

On May 5th, 2026, Derichebourg SA announced its agreement to acquire 100% of Scholz Recycling Group, a leading European metal recycling company. This acquisition aligns with Derichebourg's strategy to enhance its position in the global metal recycling industry.

Founded in 1872, Scholz generated €1.6 billion in turnover in 2025 with over 3 million tonnes of recycled materials. It operates 180 sites globally and employs over 3,500 people. The acquisition will allow Derichebourg to expand operations, support European steel industry decarbonization, and optimize operational efficiency.

This acquisition follows a competitive tender process involving Chiho Environmental Group, Scholz's parent company. The process underscores Scholz's financial stability and operational independence.

Derichebourg plans to finance the acquisition through existing cash and credit facilities. The deal aims to enhance earnings per share in the medium term. The transaction's completion is anticipated in the second half of 2026, pending customary approvals.