Aurubis AG Sells Buffalo Site to Wieland Group

Aurubis AG has announced the sale of its Buffalo site in New York to the Wieland Group, a German manufacturer of semi-finished copper products. The transaction was finalized on August 30, 2024. Financial terms were not disclosed.

The sale aligns with Aurubis' strategy to focus on primary copper production, recycling, and the multimetal portfolio of its smelter network. This follows Aurubis' previous divestment of several production sites in Europe to KME SE in mid-2022.

With about 500 employees, the Buffalo site produces copper and copper alloy strips and sheets for various industries. The facility operates largely independently of Aurubis' growing recycling business in Georgia and European sites.

Additionally, Aurubis is expanding its recycling capabilities, exemplified by the construction of a new plant in Augusta, Georgia, and the acquisition of the Metallo Group in 2019.