Elmet Group Acquires ams OSRAM Plant to Expand European Reach

Elmet Group Co. signed an agreement Wednesday to acquire the metal production operations of ams OSRAM in Schwabmünchen, Germany, establishing the company's first significant manufacturing presence in Europe for critical refractory metal components, according to a release from GlobalNewswire.

The transaction centers on tungsten and molybdenum production — two refractory metals prized for their extreme heat resistance and mechanical durability across aerospace, defense, semiconductor, and industrial applications. By absorbing the Schwabmünchen facility, Elmet moves to consolidate production capabilities on both sides of the Atlantic, positioning itself closer to European customers who depend on a stable supply of these strategically important materials.

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Refractory metals like tungsten and molybdenum have drawn growing attention from policymakers and manufacturers alike as supply-chain vulnerabilities — particularly dependence on Chinese-controlled sources — have come into sharper focus. A European-based production node could offer customers in the region greater supply security and shorter lead times, competitive advantages that extend well beyond simple geographic convenience.

Elmet, historically a North American-focused producer, framed the acquisition as an expansion of its global production capabilities rather than a pivot away from existing operations. The deal signals broader industry momentum toward reshoring or near-shoring critical materials manufacturing in Western markets, a trend accelerated by geopolitical friction and tightening export controls on specialty metals.

Financial terms of the transaction were not disclosed in the announcement. Continue reading at GlobalNewswire.