© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - SGP Rechtsanwälte Advise Pyrolyx’s Purchase of Carbon Clean Tech Stegelitz
Posted 8th July 2015

SGP Rechtsanwälte Advise Pyrolyx’s Purchase of Carbon Clean Tech Stegelitz

SGP Rechtsanwälte Advise Pyrolyx's Purchase of Carbon Clean Tech Stegelitz

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

SGP Rechtsanwälte Advise Pyrolyx’s Purchase of Carbon Clean Tech Stegelitz

SGP Rechtsanwälte Advise Pyrolyx’s Purchase of Carbon Clean Tech Stegelitz

View Biography
Image

Pyrolyx AG announces that the notarial purchase contract for the previously announced proposed acquisition of cct Stegelitz GmbH has been signed, with closing expected in the near future.

cct Stegelitz GmbH will be fully integrated into Pyrolyx AG, which will continue to invest in cct’s production site in Stegelitz in the German region of Saxony-Anhalt.

The acquisition of cct shall be financed by issuance of Pyrolyx AG convertible bonds and a cash capital increase with an issue price of €103.00 per share. As part of the transaction, cct shareholders shall be issued 104,000 shares of Pyrolyx through a capital increase in kind, representing approximately 16% of the fully diluted and outstanding Pyrolyx shares at closing.

Pyrolyx AG intends to construct Pyrolyx production facilities in Stegelitz alongside the existing cct plant. Over the next 3 years, Pyrolyx AG plans to invest approximately €30 million into the build-out of production capacities to establish the world’s largest environmentally sustainable producer of recovered carbon black from end of life tires.

The next Annual General Meeting of Pyrolyx will be held at Munich Stock Exchange on October 15, 2015, at which time Pyrolyx management will present the integration of cct and the group’s organisational structure.

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
6 Trends That Every Engineer Needs to Know in 2021
News
29/10/20216 Trends That Every Engineer Needs to Know in 2021

A few years back, who thought that flying cars would be a reality–it was a distant and long-overhauled dream. But the rapid rise of technology and engineering concepts is making the impossible turn into "I'm possible" and flipping the current technology on i

Read Full PostRead - Eye Icon
Expertise in  Mediation and Arbitration
Finance
13/02/2017Expertise in Mediation and Arbitration

ONAMBELE-ANCHANG & ASSOCIATES was founded by Joseph Antoine Onambele, 25 years ago, he was later joined by Mary Concilia Anchang. As founding and managing partners, they have through their dedication and hard work built an international bilingual and bi-jurial

Read Full PostRead - Eye Icon
What Cruise Agents Can Do To Increase Revenue In 2020
Leadership
28/01/2020What Cruise Agents Can Do To Increase Revenue In 2020

Read on to learn about what cruise agents can do to increase revenue in 2020. With the right strategies in mind, you'll book more cruises in the coming year and turn first-timers into repeat customers.

Read Full PostRead - Eye Icon
The Age of Big Data
Innovation
05/12/2016The Age of Big Data

ORTEC Consulting is a highly renowned specialist in business analytics. We support companies by providing analysts with in-depth experience in advanced analytics.

Read Full PostRead - Eye Icon
Best Independent Investment Management Firm – Canada
Leadership
17/05/2016Best Independent Investment Management Firm – Canada

Matco Financial Inc. is an independent, privately-owned investment management firm.

Read Full PostRead - Eye Icon
2018: £30m invested; 5 exits; £600m of deals. What’s coming to UK small business in 2019?
Finance
04/02/20192018: £30m invested; 5 exits; £600m of deals. What’s coming to UK small business in 2019?

2018 was a year that confounded predictions. We had predicted a year where Brexit and general uncertainty over slowing global growth might cloud events and perhaps dampen investment appetites.

Read Full PostRead - Eye Icon
Leading Corporate Finance Management Firm of the Year – Kent
Finance
05/08/2022Leading Corporate Finance Management Firm of the Year – Kent

Unlike many of its competitors, which focus on numbers, Chantler Kent Investments focuses on finding out what its clients want to accomplish during their lifetime and builds profitable portfolios with dreams in mind.

Read Full PostRead - Eye Icon
Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation
Innovation
16/12/2019Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation

Cisco has unveiled the details behind its technology strategy for building a new internet- one designed to push digital innovation beyond the performance, economic and power consumption limitations of current infrastructure.

Read Full PostRead - Eye Icon
Protecting Clean Energy: The Importance of Bird-Proofing Your Company’s Solar Panels
News
03/11/2023Protecting Clean Energy: The Importance of Bird-Proofing Your Company’s Solar Panels

Solar panels are a great way to get the energy your office needs without using as many natural gases. Being able to get your own energy clean and long-lasting is good for both your company and the environment. Even though solar panels are a clean and long-last



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow