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sms-group.com

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Investments

7

Partners & Customers

10

About SMS Group

SMS group is a global partner for the metal industry. As a family-owned business headquartered in Germany, it is committed to the success of its customers and strives to add value along the entire value chain of the global metal industry.

SMS Group Headquarter Location

Eduard-Schloemann-Straße 4

Dusseldorf, 40237,

Germany

+49 211 881 0

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Latest SMS Group News

Battery Recycling Demonstration plant completed

Sep 16, 2021

Battery Recycling Demonstration plant completed Primobius has initiated the commissioning phase for the hydrometallurgical refining circuits in its showcase lithium-ion battery (LIB) recycling demonstration plant at SMS group’s Hilchenbach location. 16.09.2021 The feed to Stage 2 is processed in the leach circuit to extract cobalt, nickel, manganese copper and lithium. (Source: SMS Group) The battery recycling joint venture between Australian Securities Exchange listed Neometals and SMS Group , a privately owned German plant manufacturer, plans to recover all the LIB constituent materials with an efficient and environmentally friendly recycling solution that re-uses the products, including the generation of high-purity cathode chemicals for the battery supply chain. The demonstration plant comprises a fully built shredding and beneficiation circuit (stage 1) and a hydrometallurgical refining circuit (stage 2). Stage 2 commissioning activities completed so far include water testing the entire leaching and solvent extraction circuits, leaching intermediate active materials (“black mass”) from stage 1, filtering the carbon anode residue, and commencing the first stage of solvent extraction (copper). Commissioning of the remaining solvent extraction steps (to recover cobalt, lithium, nickel, and manganese) will follow soon. The demonstration plant, which has undergone extensive pilot trialing, will showcase Primobius ’ integrated recycling solution in a dedicated, ongoing campaign to reduce LIBs, which are donated by EV and stationary energy storage partners, to their constituent materials for re-use. Product outputs from the trial will be evaluated by potential customers and off-takers. “The demonstration plant trial will provide an opportunity for car, consumer electronics and battery manufacturers to verify Primobius’ capability to safely, sustainably and ethically dispose of hazardous LIBs to comply with all regulatory obligations,” says Horst Krenn, CEO of Primobius. Perhaps most importantly, the demonstration plant will highlight an opportunity for partners to watch their spent batteries go into the process and a range of products come out at the other end for supply chain evaluation. The integrated trials are expected to start in October 2021 and finish by the end of November 2021. Thereafter, the demonstration plant will be modified and sections moved to meet the requirements of the 10-tpd shredder plant, which is due to offer commercial LIB recycling services from Q1 2022. Source: SMS Group

SMS Group Investments

7 Investments

SMS Group has made 7 investments. Their latest investment was in H2 Green Steel as part of their Series A on May 5, 2021.

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SMS Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/25/2021

Series A

H2 Green Steel

$105M

Yes

Altor Equity Partners, Ane Maersk Mc-Kinney Uggla, Bilstein Group, Cristina Stenbeck, Daniel Ek, EIT InnoEnergy, EXOR, Foundation Asset Management, IMAS Foundation, Kingspan Group, Marcegaglia, Mercedes-Benz, Robert Maersk Uggla, Scania Growth Capital, Stena, and Vargas Holding

4

11/2/2018

Series C

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$99M

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10

10/4/2017

Series B - II

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$99M

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10

3/1/2017

Series B

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$99M

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10

10/28/2016

Series C - II

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$99M

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10

Date

5/25/2021

11/2/2018

10/4/2017

3/1/2017

10/28/2016

Round

Series A

Series C

Series B - II

Series B

Series C - II

Company

H2 Green Steel

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Amount

$105M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Altor Equity Partners, Ane Maersk Mc-Kinney Uggla, Bilstein Group, Cristina Stenbeck, Daniel Ek, EIT InnoEnergy, EXOR, Foundation Asset Management, IMAS Foundation, Kingspan Group, Marcegaglia, Mercedes-Benz, Robert Maersk Uggla, Scania Growth Capital, Stena, and Vargas Holding

Sources

4

10

10

10

10

SMS Group Acquisitions

3 Acquisitions

SMS Group acquired 3 companies. Their latest acquisition was Paul Wurth on April 21, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/21/2021

Acquired

1

7/1/2020

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$99M

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10

6/9/2016

Seed VC

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$99M

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10

Date

4/21/2021

7/1/2020

6/9/2016

Investment Stage

Seed VC

Companies

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Valuation

Total Funding

$99M

$99M

Note

Acquired

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Sources

1

10

10

SMS Group Partners & Customers

10 Partners and customers

SMS Group has 10 strategic partners and customers. SMS Group recently partnered with Aceros Arequipa on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/29/2021

Client

Aceros Arequipa

Peru

Aceros Arequipa places SMS equipment order

Peru-based Corporación Aceros Arequipa SA has signed a contract with Düsseldorf , Germany-based SMS Group entailing the delivery of a new vacuum tank degasser to Acercos Arequipa 's Pisco , Peru , electric arc furnace steel mill .

1

4/8/2021

Client

Nucor

United States

Nucor signs long-term maintenance contract with SMS group for one of the world’s largest slab caster

Nucor Corporation signs long-term maintenance contract with SMS group Inc. group for one of the world 's largest slab caster .

1

8/12/2020

Partner

Neometals

Australia

Neometals and SMS in jv for recycling lithium ion batteries

Project development company Neometals Ltd , based in West Perth , Australia , and SMS group GmbH in Germany have set up a 50:50 joint venture .

2

3/17/2020

Partner

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10

12/2/2019

Client

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10

Date

4/29/2021

4/8/2021

8/12/2020

3/17/2020

12/2/2019

Type

Client

Client

Partner

Partner

Client

Business Partner

Aceros Arequipa

Nucor

Neometals

Country

Peru

United States

Australia

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News Snippet

Aceros Arequipa places SMS equipment order

Peru-based Corporación Aceros Arequipa SA has signed a contract with Düsseldorf , Germany-based SMS Group entailing the delivery of a new vacuum tank degasser to Acercos Arequipa 's Pisco , Peru , electric arc furnace steel mill .

Nucor signs long-term maintenance contract with SMS group for one of the world’s largest slab caster

Nucor Corporation signs long-term maintenance contract with SMS group Inc. group for one of the world 's largest slab caster .

Neometals and SMS in jv for recycling lithium ion batteries

Project development company Neometals Ltd , based in West Perth , Australia , and SMS group GmbH in Germany have set up a 50:50 joint venture .

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Sources

1

1

2

10

10

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