Poul Schmith advises Kabel Metall & Trafo Gjenvinning AS (KMT) on the acquisition of NKT’s recycling business in Stenlille

KMT is a world-leading company with expertise in power cable recycling. The acquisition of NKT’s business in Stenlille is a part of KMT’s growth strategy in the Northern European market for cable recycling.

The acquisition was structured as an asset transfer where KMT’s subsidiary KMT Kabel Danmark A/S acquired all fixed assets, employees and customers at NKT’s business in Stenlille. As part of the acquisition, KMT and NKT have entered a long-term agreement to secure the future recycling of NKT’s power cables.

The team at Poul Schmith was Ronnie Kandler, Klint Klingberg-Jensen, Kim Christian Højmark, Kasper Berg Nielsen and Rasmus Saaby Jensen.

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