BOLIDEN to acquire ZINKGRUVAN

Boliden has agreed to acquire Zinkgruvan in a strategic acquisition announced on 4 March 2025. The transaction involves the mining and metals sector, specifically covering activities related to iron ore, copper, and zinc production alongside related support services. The deal structure represents a direct purchase of the target business by the acquiring entity, with no public disclosure regarding the specific financial consideration or currency involved in the agreement.

The transaction is currently in review as the parties await necessary regulatory approvals before completion. No specific completion date has been confirmed at this stage, and the final status remains pending further developments in the approval process. This acquisition marks a significant consolidation within the Swedish mining industry, bringing the target assets under the ownership of the established group. The parties have not yet released details regarding the exact valuation or the specific mix of cash and shares used to fund the purchase.