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Midas Industri Completes Acquisition of Vow Green Metals

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Midas Industri Completes Acquisition of Vow Green Metals

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An announcement from Vow Green Metals AS ( (DE:9G5) ) is now available.

Midas Industri AS has completed its voluntary cash offer to acquire Vow Green Metals AS, now holding approximately 91.49% of the company’s shares. Following this acquisition, Midas plans to compulsorily acquire the remaining shares and delist the company from Euronext Growth Oslo, signaling a significant shift in the company’s market presence.

More about Vow Green Metals AS

Vow Green Metals is a company focused on producing biocarbon and other carbon-neutral products to facilitate the green transition in industries that are difficult to decarbonize. They aim to replace fossil-reduction agents in the metallurgical industry by building, owning, and operating biocarbon production plants using advanced pyrolysis technology. Their process not only produces biocarbon but also generates bio-oil and bioenergy, positioning them as a first-mover in a growing market.

Average Trading Volume: 736,054

For an in-depth examination of 9G5 stock, go to TipRanks’ Overview page.

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