Cumerio NV/SABrussels, Belgium

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Cumerio Company Description

Cumerio fully understands the merits of the chemical Cu. The copper processor operates through two units. The larger of the two, its Copper Refining division smelts and refines copper anodes and cathodes. The Copper Products division produces copper wirerod, specialty rod, billets, and cakes; ordinary and high-performance wire; and speciality chemicals and engineering metal powders. Cumerio's operations in Belgium have been refining copper since the 1920s; the company also has processing operations in Bulgaria, Italy, and Switzerland. The company was spun off from Belgian metals refiner Umicore in 2005. Two years later German copper producer Norddeutsche Affinerie agreed to buy Cumerio for about $1 billion.

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The Company Description provides a historical perspective of Cumerio's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Cumerio's evolution in the marketplace.

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