Who Owns Aurubis Company?

Aurubis Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Owns Aurubis AG?

Understanding a company's ownership is key to grasping its strategic direction and accountability. Aurubis AG, a major player in non-ferrous metals and copper recycling, has a history shaped by its evolving ownership structure.

Who Owns Aurubis Company?

Founded in 1866 as Norddeutsche Affinerie AG, the company's journey reflects significant transformations, culminating in its 2009 renaming to Aurubis. This global metals producer, with operations across Europe and the USA, processes a variety of metal-bearing materials into products like copper cathodes and continuous cast rod, a key component in many industries, including the production of Aurubis Porter's Five Forces Analysis.

In the fiscal year 2023/2024, Aurubis reported substantial financial performance, with revenues reaching €17.14 billion and operating earnings before taxes (EBT) at €413 million, marking a 19% increase year-over-year. This financial strength is underpinned by its operational scale, employing approximately 7,000 individuals worldwide.

Who Founded Aurubis?

Aurubis's origins trace back to 1770 with a gold and silver separating plant in Hamburg-Altona. The company officially began its journey on April 28, 1866, when Norddeutsche Affinerie AG, its predecessor, was registered. While specific founder details and initial equity splits are not widely documented, the company experienced substantial early growth.

Key Milestone Year Significance
Founding of Norddeutsche Affinerie AG 1866 Official start of the company's journey.
Relocation to Peute 1913 Moved to its current, largest plant and headquarters location.
Icon

Early Roots

The company's history began with a gold and silver separating plant established in Hamburg-Altona in 1770.

Icon

Formal Establishment

Norddeutsche Affinerie AG, the precursor to Aurubis AG, was officially entered into the Hamburg Commercial Register on April 28, 1866.

Icon

Founder Information

Specific details regarding the names of the founders and their initial equity stakes are not readily available in historical records.

Icon

Expansion and Relocation

By 1913, the company had grown significantly, relocating its operations to the island of Peute.

Icon

Headquarters Established

The Peute site remains the company's largest plant and its current headquarters, marking a pivotal moment in its development.

Icon

Foundation for Growth

This early period of expansion and strategic relocation laid the essential groundwork for the company's future prominence in the global copper industry.

The early growth of Norddeutsche Affinerie AG, culminating in its 1913 relocation to the Peute site, was instrumental in establishing its operational base and setting the stage for its future as a significant entity in the metals industry. This period of development was crucial for its long-term trajectory.

Icon

Aurubis's Historical Foundation

Aurubis's lineage begins with a gold and silver separating plant in Hamburg-Altona, dating back to 1770. The formal establishment of its predecessor, Norddeutsche Affinerie AG, occurred on April 28, 1866.

  • Origins in 1770 with a separating plant.
  • Official registration of Norddeutsche Affinerie AG in 1866.
  • Significant early growth and expansion.
  • Relocation to the current headquarters in Peute by 1913.
  • The Peute site remains the largest plant and headquarters.
  • Early development set the foundation for global copper industry presence.

Aurubis SWOT Analysis

  • Complete SWOT Breakdown
  • Fully Customizable
  • Editable in Excel & Word
  • Professional Formatting
  • Investor-Ready Format
Get Related Template

How Has Aurubis’s Ownership Changed Over Time?

Aurubis AG's journey as a publicly traded entity began in 1998, with its shares finding a home on the German Stock Exchange. Over the years, significant shifts in its shareholder base have occurred, notably in 2008 and more recently in 2024, influencing its ownership structure and market perception.

Shareholder Percentage of Shares Number of Shares
Salzgitter AG 29.99% 13,482,521
Dirk Rossmann 15% (as of Oct 2024) Approximately 6,743,000
Free Float / Other Shareholders Approximately 55.01% Approximately 24,731,199

The ownership evolution of Aurubis AG showcases a dynamic interplay between strategic corporate investment and individual stakeholder influence. Since its public listing in 1998, the company has established itself across several key indices, including the MDAX and STOXX Europe 600, reflecting its significance in the European market. As of June 2, 2025, the total number of no-par-value bearer shares stands at 44,956,723. A pivotal moment in its ownership history was in 2008 when Salzgitter AG strategically acquired a substantial stake, becoming a stabilizing major shareholder. Currently, as of July 21, 2025, Salzgitter AG holds 29.99% of Aurubis's equities, equating to 13,482,521 shares. More recently, in 2024, Dirk Rossmann, the founder of a prominent German drugstore chain, significantly increased his personal investment, growing his stake from around 5% in late May to a notable 15% by October. This substantial increase in Rossmann's holding, coupled with a similar move by Goldman Sachs, generated considerable market speculation regarding potential takeover activities. Despite these significant individual stakes, the company is characterized by a generally stable shareholder structure, with a considerable proportion of its shares held by private investors, contributing to its diverse ownership profile.

Icon

Understanding Aurubis Ownership Dynamics

The Aurubis ownership structure is a blend of strategic corporate holdings and a broad base of private investors. Understanding who owns Aurubis provides insight into the company's stability and future direction.

  • Salzgitter AG is the largest single shareholder, holding 29.99% of Aurubis AG shares as of July 21, 2025.
  • Dirk Rossmann significantly increased his stake to 15% by October 2024.
  • Aurubis AG is a publicly traded company, with shares listed on the German Stock Exchange.
  • The company maintains a stable shareholder structure with a high percentage of private shareholders.
  • The total number of Aurubis AG shares was 44,956,723 as of June 2, 2025.
  • For a deeper understanding of the company's guiding principles, explore the Mission, Vision & Core Values of Aurubis.

Aurubis PESTLE Analysis

  • Covers All 6 PESTLE Categories
  • No Research Needed – Save Hours of Work
  • Built by Experts, Trusted by Consultants
  • Instant Download, Ready to Use
  • 100% Editable, Fully Customizable
Get Related Template

Who Sits on Aurubis’s Board?

The governance of Aurubis AG is structured with a Supervisory Board and an Executive Board, overseeing the company's operations and strategic direction. The Supervisory Board is composed of twelve members, with an equal representation from employees and shareholders, ensuring a balance of interests in Aurubis ownership.

Supervisory Board Executive Board
Prof. Dr. Fritz Vahrenholt (Chairman) Toralf Haag (CEO)
Jan Koltze (Deputy Chairman) Steffen Alexander Hoffmann (CFO)
6 Employee Representatives Tim Kurth (COO Custom Smelting and Products)
6 Shareholder Representatives Inge Hofkens (COO Multimetal Recycling)

The voting power within Aurubis AG is primarily determined by its share structure, which consists of 44,956,723 no-par-value bearer shares. The general principle of one-share-one-vote applies, meaning that the number of shares held directly correlates to voting influence. Aurubis AG adheres to regulatory requirements by publishing notifications regarding voting rights, as mandated by Section 40 (1) of the German Securities Trading Act (WpHG). This transparency is crucial for understanding Aurubis stock ownership and who controls Aurubis AG.

Icon

Understanding Aurubis AG's Governance and Shareholder Influence

Aurubis AG's governance model ensures a dual board system, with the Supervisory Board providing oversight and the Executive Board managing day-to-day operations. This structure is key to understanding Aurubis company ownership and its management. The election process for board members, particularly the employee representatives under the German Codetermination Act, highlights a commitment to stakeholder involvement.

  • Supervisory Board has 12 members: 6 employee and 6 shareholder representatives.
  • Executive Board manages company operations and reports to the Supervisory Board.
  • Voting power is based on the principle of one-share-one-vote.
  • Aurubis AG has 44,956,723 no-par-value bearer shares.
  • Voting rights notifications are published according to German Securities Trading Act.

Aurubis Business Model Canvas

  • Complete 9-Block Business Model Canvas
  • Effortlessly Communicate Your Business Strategy
  • Investor-Ready BMC Format
  • 100% Editable and Customizable
  • Clear and Structured Layout
Get Related Template

What Recent Changes Have Shaped Aurubis’s Ownership Landscape?

In recent years, the company has undergone significant executive board changes and demonstrated strong financial performance, indicating a dynamic operational and strategic landscape that influences its ownership trends.

Executive Board Member Role Contract Termination Date
Roland Harings CEO September 30, 2024
Rainer Verhoeven CFO September 30, 2024
Dr. Heiko Arnold COO Smelting & Products September 30, 2024
Inge Hofkens Executive Board Member (Commercial) Continuing
Prof. Dr. Markus Kramer Chief Transformation Officer From March 1, 2024

The company's financial health remains robust, with operating earnings before taxes (EBT) showing a positive trajectory. For the 2023/24 fiscal year, operating EBT reached €413 million, a 19% increase year-over-year, accompanied by revenues of €17.14 billion. The first quarter of fiscal year 2024/25 continued this trend with an operating EBT of €130 million, up 17% compared to the same period last year. The company projects a solid operating EBT for the full fiscal year 2024/25, estimated to be between €300 million and €400 million.

Icon Strategic Investment Focus

Significant capital is being allocated to strategic growth initiatives. By Q2 2024/25, approximately €1.1 billion of a planned €1.7 billion had been invested in key projects.

Icon Sustainability Commitment

The company demonstrates a strong commitment to sustainability, with over 95% of its cathode production adhering to Copper Mark standards.

Icon Key Growth Projects

Major investments are directed towards expanding production capabilities, including the new Aurubis Richmond plant in the US and the Complex Recycling Hamburg project.

Icon Executive Board Realignment

A recent restructuring of the Executive Board, effective September 30, 2024, involves the premature termination of contracts for the CEO, CFO, and COO of Smelting & Products.

Aurubis Porter's Five Forces Analysis

  • Covers All 5 Competitive Forces in Detail
  • Structured for Consultants, Students, and Founders
  • 100% Editable in Microsoft Word & Excel
  • Instant Digital Download – Use Immediately
  • Compatible with Mac & PC – Fully Unlocked
Get Related Template

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.