Metalor Technologies, 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.
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.
The group’s Hong Kong refinery opened in 1982, and Metalor began running its US refinery in 1986. In 1998, SBC merged with Union Bank of Switzerland (UBS) and a majority of the shares of Métaux Précieux SA Metalor were acquired from SBC by a group of Swiss private investors comprising Ernst Thomke, Martin Bisang, Rolf Soiron and Giorgio Behr. The refinery group changed name from “Métaux Précieux SA Metalor” to “Metalor Technologies” in 2001.[2]
In 2013, the company selected Singapore as the location for establishing a gold refinery and manufacturing facility for bullion products. This decision was made to cater to the growing regional gold demand, which aligns with the Singapore government's initiatives to position the country as a prominent global trading hub for physical precious metal transactions. The Singapore refinery was opened in June 2014.[3]
In September 2016, 100% of Metalor was sold to the Japanese group of precious metals producers Tanaka Kikinzoku.[4] Previously, the French investor Astorg Partners, who took over Metalor in 2009, held a majority of 50.5% of the shares.[5][6]
Spinoffedit
Metalor Dentaledit
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.[7]
metalor, technologies, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, secondary, tertiary, sources, find, sources, news, newspapers, books, scholar, jstor, november, 2015, learn, when, remove, this, te. This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Metalor Technologies news newspapers books scholar JSTOR November 2015 Learn how and when to remove this template message Metalor Technologies previously Metaux Precieux 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 amp 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 TechnologiesFormerlyMetaux Precieux SA MetalorFoundedLe Locle Switzerland 1852 1852 FounderMartin de Pury amp CieHeadquartersNeuchatel SwitzerlandKey peopleAntoine de Montmollin CEO 1 ParentTanaka Kikinzoku Group of Japan Websitewww metalor com Contents 1 History 2 Spinoff 2 1 Metalor Dental 3 Sale 4 References 5 Further reading 6 External linksHistory editThe roots of the company go back to the preparatory rolling mill founded in 1852 by Martin de Pury amp 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 Metaux Precieux S A Metalor in Le Locle As a result production activities were initially expanded at the Neuchatel site and later in other countries The group s Hong Kong refinery opened in 1982 and Metalor began running its US refinery in 1986 In 1998 SBC merged with Union Bank of Switzerland UBS and a majority of the shares of Metaux Precieux SA Metalor were acquired from SBC by a group of Swiss private investors comprising Ernst Thomke Martin Bisang Rolf Soiron and Giorgio Behr The refinery group changed name from Metaux Precieux SA Metalor to Metalor Technologies in 2001 2 In 2013 the company selected Singapore as the location for establishing a gold refinery and manufacturing facility for bullion products This decision was made to cater to the growing regional gold demand which aligns with the Singapore government s initiatives to position the country as a prominent global trading hub for physical precious metal transactions The Singapore refinery was opened in June 2014 3 In September 2016 100 of Metalor was sold to the Japanese group of precious metals producers Tanaka Kikinzoku 4 Previously the French investor Astorg Partners who took over Metalor in 2009 held a majority of 50 5 of the shares 5 6 Spinoff editMetalor Dental edit Metalor Dental had not been integrated into the Metalor Group it has now dating January 1 2009 been merged into Cendres amp Metaux Biel Bienne Switzerland 7 Sale editIn September 2016 Metalor Metals was sold to Tanaka Kikinzoku Group of Japan 8 References edit Message from our CEO Metalor Retrieved 25 July 2023 Metalor Refinery Gold University BullionStar BullionStar Singapore Retrieved 2023 02 24 Opening Address by SMS Lee Yi Shyan at the Opening Ceremony of Metalor Technologies Singapore Refinery www mti gov sg Retrieved 2023 05 20 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 Zern Bjorn Metalor Technologies wird franzosisch NZZ Neue Zurcher Zeitung in German Retrieved 2022 06 23 Japaner ubernehmen Schweizer Gold Raffinerie Metalor Goldreporter in German 2016 07 12 Retrieved 2022 06 23 Cendres Metaux Metalor Dental www cmsa ch Archived from the original on 2009 03 03 Home Further reading editPDF Info Page on Metalor GroupExternal links editOfficial website Retrieved from https en wikipedia org w index php title Metalor Technologies amp oldid 1214231700, wikipedia, wiki, book, books, library,
