Métaux Précieux SA Métalor

The Metalor Group, previously Métaux Précieux SA Metalor, founded in 1852, is a subsidiary of Japan's Tanaka Kikinzoku Group. Metalor has become one of the major world suppliers of precious metals related products & procedures. It makes a wide array of alloys, especially for the watch and jewellery industry, supplying many of the Swiss watch brands, although it has expanded its activities far beyond its primary sector.

Metalor Group
FormerlyMetalor Technologies SA
FoundedLe Locle, Switzerland (1852 (1852))
FounderMartin de Pury & Cie
Headquarters
Neuchâtel
,
Switzerland
Key people
Dr. Scott Morrison (Chairman), Philippe Royer (CEO)[1]
ParentTanaka Kikinzoku Group of Japan.
Websitewww.metalor.com

History

The roots of the company go back to the "preparatory rolling mill" founded in 1852 by Martin de Pury & Cie in Le Locle. This specialized in smelting gold and manufacturing watch cases. In 1864, the plant, which had five employees at the time, was taken over by the Banque du Locle.

In 1918 the company became the property of the Swiss Bank Corporation. Operations have expanded to refining precious metals and producing bullion. In 1936, the bank association founded Métaux Précieux S.A. Metalor in Le Locle. As a result, production activities were initially expanded at the Neuchâtel site and later in other countries. In 1998, the Bankverein sold its subsidiary to a group of Swiss industrial investors.

In September 2016, 100% of Metalor was sold to the Japanese group of precious metals producers Tanaka Kikinzoku.[2] Previously, the French investor Astorg Partners, who took over Metalor in 2009, held a majority of 50.5% of the shares.[3][4]

Spinoff

Metalor Dental

Metalor Dental had not been integrated into the Metalor Group : it has now, dating January 1, 2009, been merged into Cendres & Métaux, Biel/Bienne, Switzerland.[5]

Sale

In September 2016, Metalor Metals was sold to Tanaka Kikinzoku Group of Japan.[6]

References
  1. "Our management". Metalor. Retrieved 19 August 2014.
  2. "Metalor : Press Release: Metalor Technologies International is pleased to announce that the previously communicated agreement to sell 100% of the equity of Metalor to Tanaka Kikinzoku Kogyo". 2018-06-30. Archived from the original on 30 June 2018. Retrieved 2022-06-23.
  3. Zern, Björn. "Metalor Technologies wird französisch | NZZ". Neue Zürcher Zeitung (in German). Retrieved 2022-06-23.
  4. "Japaner übernehmen Schweizer Gold-Raffinerie Metalor". Goldreporter (in German). 2016-07-12. Retrieved 2022-06-23.
  5. "Cendres+Métaux - Metalor Dental". www.cmsa.ch. Archived from the original on 2009-03-03.
  6. "Home".

Further reading
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