Tega Industries – alongside funds managed by Apollo Global Management – has signed a Share Purchase Agreement with American Industrial Partners to acquire Molycop.
We are pleased to share an important milestone in Molycop’s corporate journey. On 28 November 2025, Tega Industries – alongside funds managed by Apollo Global Management – signed a Share Purchase Agreement with American Industrial Partners to acquire Molycop.This step marks a significant moment in the history of both organisations and reflects the hard work and commitment of many people across the business throughout 2025. The future for the combined business is incredibly exciting given the expanded product portfolio and collective capability that the two businesses bring.
Tega will begin the process of securing the required regulatory approvals across the countries where Molycop operates. This approval process will drive the timeline to completion which we expect will take at least 60 days. During this period, it will remain business as usual for our teams, customers, and partners.
As always, our focus stays firmly on safety, supporting our customers, and delivering on our commitments. We will continue to keep our stakeholders informed as progress is made and timelines become clearer.
If you have questions regarding the announcement, please reach out to your usual Molycop contact, who can provide support or direct your enquiry appropriately.
Thank you once again – and congratulations to all involved in reaching this milestone.
