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09.19.2013

Saxony-Anhalt succeeded again in attracting companies: Befesa to develop EUR 30 million smelting plant with support from German investment firm Triton

Saxony-Anhalt remains in the focus of investors: The technology group Befesa has chosen Saxony-Anhalt as a business location. A new smelting plant for making aluminium alloys is to be built in the commercial and industrial area Bernburg - West, situated near the A 14 motorway. The company plans on investing approximately EUR 30 million and creating approximately 60 new jobs.

In this respect, Dr. Reiner Haseloff, Prime Minister of the German federal state of Saxony-Anhalt, stated: “Attracting the high-technology group Befesa shows that our strategy for attracting companies continues to bear fruit. We want to create new, high-quality jobs and strengthen the local economy. I am happy that we have succeeded in doing so again by attracting another investor.”

Javier Molina Montes, Chairman of the Board of Directors of Befesa confirms: “The new facility for recovering aluminium will be supplied to a large extent by the nearby Novelis plant in Nachterstedt. The state-of-the-art plant will be developed and operated using the safest and most sustainable technologies and entail significant benefits for the environment. We assume that the new production site in Bernburg will be one of the most productive sites in the industry. I would like to thank our new owner Triton, who supports our investments by providing the necessary capital.”

“Before the company decided to build the plant here, the state government of Saxony-Anhalt, the Investment and Marketing Corporation and the Economic Development Office of the City of Bernburg (Saale) worked together and supported the company intensively in its decision-making process”, emphasised Henry Schütze, mayor of the city of Bernburg (Saale). “The quality of the location offer, the infrastructure and the project support for different location topics provided by the stakeholders of the state and the city were crucial factors in the decision in favour of our site. We thank Befesa for the trust in the location.”

“The metalworking industry has a long tradition in Saxony-Anhalt. Attracting Befesa completes the value chain of the industry and again shows that Saxony-Anhalt can offer excellent conditions in competing for investors internationally”, says Dr. Carlhans Uhle, Managing Director of the Investment and Marketing Corporation Saxony-Anhalt, which supported the entire process of attracting the company from the start.

Background:

Befesa is a multinational company which is specialized in the field of waste management. The company operates several plants in Spain, Germany and many other countries. Befesa was acquired by Triton in 2013. Triton is a German investment Firm specialising in the positive development of medium-sized businesses and has actively supported Befesa’s growth since the acquisition. Befesa is market leader in the field of the production of aluminium alloys and salt slag treatment. The most important fields of application of these aluminium alloys are automotive industry and packaging products.