SCHOLZ RECYCLING acquired by DERICHEBOURG
Context
Derichebourg SA has signed a binding agreement to acquire 100% of the share capital of Scholz Recycling. This strategic acquisition is a cornerstone of Derichebourg's international growth strategy, designed to consolidate its position as a global leader in the metal recycling sector. The transaction emerged from a competitive auction process conducted by independent receivers, initiated after the enforcement of securities at Scholz's parent holding company, Chiho Environmental Group Limited. Derichebourg successfully secured the deal, highlighting its strong financial position and industrial strategy. It was noted that Scholz is an operationally sound and financially healthy company, with its activities being distinct and preserved from its parent's difficulties. The strategic rationale for the acquisition is threefold: it significantly expands Derichebourg's operational footprint into key European territories where it has a limited presence; it positions the combined entity to capitalize on the decarbonization of the European steel industry, which is increasing its demand for high-quality scrap metal for electric arc furnaces; and it aims to optimize operational efficiency through complementary logistics and commercial synergies. The deal, which is subject to customary regulatory approvals, is expected to close in the second half of 2026 and is anticipated to be accretive to earnings per share in the medium term.
SCHOLZ RECYCLING, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN.
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
Target
Founded in 1872, Scholz Recycling is a major European operator in the field of metal and materials recycling. With a deep-rooted industrial history, the company is primarily anchored in Germany and has a significant operational presence in countries including the Czech Republic, Poland, and Slovenia. It also extends its reach through joint ventures in Austria and Romania. The company's core business involves the collection, processing, and commercialization of a wide range of secondary raw materials. In 2025, Scholz Recycling commercialized over 3 million tonnes of these materials. The group operates an extensive network of more than 180 sites, including its joint venture locations, and employs a workforce exceeding 3,500 people. By supplying high-quality recycled materials to industries, particularly steel producers and foundries, Scholz plays a critical role in the European circular economy, supporting resource efficiency and industrial decarbonization efforts. Its long-standing expertise and vast infrastructure establish it as a key supplier in the secondary raw materials market.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 1b - 3b EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: scholz recycling
Acquirer: derichebourg