Cumerio

On 17 December 2008, Cumerio and Norddeutsche Affinerie AG (NA) became Aurubis - Europe's biggest copper producer.

Cumerio S.A.
Company typeNon-ferrous metallurgy
IndustryCopper
PredecessorCopper activity division of Umicore
Founded29 April 2005
Defunct17 December 2008
FateAcquired
SuccessorAurubis after merge of Cumerio with Norddeutsche Affinerie AG (NA)
Headquarters
Olen
,
Number of locations
Germany, Belgium, Bulgaria, Great Britain, Italy, Slovakia, and Switzerland
Area served
Europe
Key people
Luc Delagaye (CEO), Karel Vinck (Chairman of the Board of Directors)
ProductsCopper
ServicesCopper refining
Revenue€ 3.329 million (2007)
Net income
46.3 million € (2007)
Ownermerged with Norddeutsche Affinerie AG (NA), now named Aurubis
Number of employees
4 700
Websitewww.cumerio.com

Cumerio is (was) a copper refining company formed in 2005 by the division of the copper activity of Umicore. The Cumerio shares were first listed on Euronext Brussels on 29 April 2005, and delisted from Euronext Brussels on 17 December 2008 as a result of the squeeze-out after merging with Norddeutsche Affinerie AG.

Cumerio was active in smelting, refining and recycling of copper. The headquarters was located in Brussels. The production plants were located at:

  • Pirdop (Bulgaria): refinery (smelter) for the production of copper anodes;
  • Olen (Belgium): refinery (electrolysis) of high purity copper anodes / cathodes, and production of rolling thread;
  • Avellino (Italy): production of wires and wire rods;
  • Yverdon-les-Bains (Switzerland), Swiss Advanced Materials SA (SAM): production of complex profiles.
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