France-based recycling and waste management company Derichebourg has officially reached an agreement to acquire steel and metal recycling company Scholz Group, marking a major development in the European recycling and secondary raw materials market.
The acquisition comes as steelmakers increasingly expand scrap utilization to support decarbonization strategies.
Strategic importance of scrap continues to grow
The transaction highlights the rising strategic importance of steel and metal recycling within the global steel industry.
As electric arc furnace production expands and pressure to reduce emissions intensifies, access to high-quality scrap and recycling infrastructure is becoming increasingly valuable.
The sales process was launched in the fourth quarter of 2025, after a transitional period for Scholz Group following financial difficulties experienced by its previous owner. It reportedly attracted strong interest from international investors.
Derichebourg sees strategic expansion opportunity
Abderaman El Aoufir, CEO of Derichebourg, stated that the acquisition aligns with the company’s international growth strategy. The deal is expected to strengthen Derichebourg’s position as a major European recycling player supporting the green transition and circular economy development.
The transaction is expected to be finalized during the second half of 2026, subject to regulatory approvals and customary closing conditions. Financial details of the acquisition were not disclosed.