Elkem ASA (OB:ELK) acquired VUM, a.s. from ZSNP, a.s. for approximately NOK 150 million on May 31, 2023. With the transaction complete, VUM will rebrand and operate under Elkem Carbon AS, a wholly-owned subsidiary of Elkem ASA. VUM will continue the operations under its current management. Elkem expects the acquisition to contribute with an additional turnover of around NOK 360 million per year.

Elkem ASA (OB:ELK) completed the acquisition of VUM, a.s. from ZSNP, a.s. on May 31, 2023.