KME SE agreed to acquire Segment Flat Rolled Products of Aurubis AG from Aurubis AG (XTRA:NDA) on February 17, 2022. Florian Harder and Jann Jetter of Shearman & Sterling acted as legal advisor to Intek and KME on the acquisition of parts of Aurubis' flat rolling business.

KME SE completed the acquisition of Segment Flat Rolled Products of Aurubis AG from Aurubis AG (XTRA:NDA) for €75 million on July 29, 2022. The sale includes Aurubis's plant in Zutphen, the Netherlands, as well as its slitting centres in Birmingham in the United Kingdom, Dolny Kubin in Slovakia and Mortara in Italy with a total of 360 employees. As of May 2022, the transaction has received regulatory clearance.