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History

1962

Founding Grondmet BV by W.C. van ‘t Wout

Following a long trading history Mr. W.C. van ‘t Wout started his own company called Grondmet BV.

1964

Founding ELG eisenlegierungen AG

In 1964 Grondmet started its first German venture together with Mr. Kreissel.

1967

Founding first Nickel venture

Looking for long term sources has always been of vital importance to our company.

1968

Founding Greendown Holland BV

While Grondmet focussed on stainless steel and (semi) final products, Greendown Holland focussed on metals and alloys.

1979

Founding JEWO Metaal Stainless Processing BV

In 1979 the stainless steel scrap processing matured. The company grew to be the largest stainless steel scrap processor in the world.

1996

Founding Capricorn Stainless BV

Following the acquisition of JEWO Metaal by Metallgesellschaft, with Capricorn Stainless BV.

2007

Divestment stainless steel scrap processing

Traditional scrap processing no longer fit the new sustainable strategy and as a result was divested of.

2018

Creation of FrontMet B.V. ; return to Core activities ; Stainless Steel Raw Materials