Heraeus Gold Refinery Buys Swiss Refiner Argor-Heraeus

Jon Gold, Market Commentary, Precious Metals, Silver

– Heraeus gold and precious metals refinery buys Swiss refinery Argor-Heraeus
– Heraeus reported to have paid ‘few hundred million euros for the remaining Argor shares’
– Argor-Heraeus ‘goodwill’ alone reported to have been valued at over ‘half a billion Swiss francs’
– Global technology & precious metals refiner Heraeus will acquire stakes from Commerzbank and Austrian Mint
– Heraeus involved with Argor-Heraeus since 1986
– Swiss refinery Argor Heraeus once fully-owned by UBS
– Heraeus to profit from Argor’s competence for gold and silver refining and international footprint
– Prudent Germans know history and love gold
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Heraeus, the family owned German global technology and precious metals refining company has announced that it is to buy one of Switzerland’s largest gold and silver refineries, Argor-Heraeus.

This post was published at Gold Core on April 5, 2017.