23 May 2017

Umicore enters into exclusive negotiations with Fedrus International for the sale of its Building Products activities

Umicore announced today that it has received a binding offer from Fedrus International, a Belgian-based producer and distributor of building materials, to acquire its Building Products activities which trade under the brand name VMZINC. Based on this binding offer, Umicore has decided to pursue exclusive negotiations with Fedrus International. The proposed transaction is subject to an information and consultation process with employee representatives.

Fedrus International produces and distributes roofing materials, guttering, wall cladding and building envelope accessories. It offers a high level of complementarity with VMZINC in terms of its product offering and geographical presence.

Speaking of the proposed transaction, Umicore CEO Marc Grynberg commented: “We believe that this is an ideal new home for the VMZINC activities. Fedrus International has marked itself out as a strong and dynamic industrial company. Its high quality service offering from architect to installer and to building owner is an excellent fit with VMZINC.”


Note to editors

Umicore announced its intention to sell its Building Products activities in early 2015. The operations encompass 7 industrial sites in Europe and sales and representative offices around the world and employ some 950 people. Umicore’s strategy is focused primarily on the development of its activities in its growth platforms of clean mobility and recycling.

About VMZINC: For 180 years, VMZINC has specialised in the manufacture and marketing of rolled zinc products for building envelopes. Whether they are used on roofs or facades, VMZINC® products contribute to the harmonious blending of buildings into their surroundings, thanks to a wide choice of systems, textures and colours. With VMZINC®, architects can unleash their creativity for aesthetically pleasing projects that are built to last, without compromise. For more information visit: http://www.vmzinc.com


Umicore profile

Umicore is a global materials technology and recycling group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life.

Umicore generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore’s overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life.

Umicore’s industrial and commercial operations as well as research & development activities are located across the world to best serve its global customer base. The Group generated a turnover of € 11.1 billion (€ 2.7 billion excluding metal) in 2016 and currently employs some 10,100 people.


About Fedrus International

The family business Fedrus International is an important player for specialist roof and façade materials. The group has three businesses: I.R.S-Btech, which promotes and distributes EPDM and other roof waterproofing systems and APOK, which distributes roofing and façade materials. The third business is Laude, which specialises in façade cladding in France.

By constantly striving for quality and with a strong will to keep innovating, the group has built up unique experience and know-how, enabling the three companies to become market leaders in their field. The family business achieves a turnover of about € 230 million and employs 475 people across 40 sites. www.fedrusinternational.com  

Tag: Construction


  • @UmicoreGroup  Feb 8
    Umicore announces record results, growth acceleration and capital increase #umicore #results https://t.co/LJufLMeGIc
  • @UmicoreGroup  Feb 7
    Umicore Belgium and Umicore Pforzheim (Agosi) awarded Top Employer 2018! #topemployer2018 https://t.co/4jvjMojptO
  • @UmicoreGroup  Jan 18
    Umicore wins Euronext recognition for best Bel20 share price performance in 2017! #Bel20 #euronext https://t.co/Nwtcx4OmeQ
  • @UmicoreGroup  Dec 20
    RT @UmicorePMC: We're excited to announce that we have reached an agreement to acquire @materiainc’s metathesis #catalyst business. Learn h…
  • @UmicoreGroup  Nov 9
    Umicore and Voxdale are proud to announce a three-year technology partnership with Mahindra Racing in the Formula E… https://t.co/sqgCf3JUc8
  • @UmicoreGroup  Nov 9
    Yesterday, our CTO speaks up on the importance of raw materials and the transition needed for a sustainable and pra… https://t.co/0K9EDAutnB
  • @UmicoreGroup  Sep 28
    We don't know if it has something to do with the unbeatable racing spirit of our teams, but this Powered by Umicore… https://t.co/3wD4YcKCbY
  • @UmicoreGroup  Jun 24
  • @UmicoreGroup  Jun 23
    Umicore inaugurates pioneering TMGa plant in Hanau. #semiconductors #electronics #chemistry https://t.co/YH8iF0drCF https://t.co/Y1fG5iTJlW
  • @UmicoreGroup  Jun 20
    Umicore expands its presence in DeNox catalysts for heavy duty diesel https://t.co/7VhX6K4j2z
We use cookies on our website. To learn more about cookies, how we use them, and how to change your cookie settings, please read our Terms of Use and Privacy and Cookie Policy. By accepting, you consent to the Terms and the Policy.

Necessary Cookies
Necessary Cookies are Cookies that are required for the Website to operate as intended by Umicore. Necessary Cookies do not identify you as an individual and, if you do not accept them, then some features of the Website may not function properly.
Analytical Cookies
Analytical Cookies are Cookies that help Umicore improve the Website by collecting User Data. Analytical Cookies do not identify you as an individual and all User Data that is collected by Analytical Cookies is aggregated and anonymous.