ELMT ▼ -0.8% - The Elmet Group Co. $ELMT - The Elmet Group Co. Signs Agreement to Acquire ams OSRAM Schwabmünchen Metal Production Operations, Establishing European Manufacturing Footprint for Tungsten and Molybdenum Components The Elmet Group Co. declined 0.8% today following its announcement of an agreement to acquire ams OSRAM's Schwabmünchen metal production operations, which manufactures tungsten and molybdenum components. The acquisition establishes ELMT's first European manufacturing footprint in specialty metals production, though investors appeared to take profits or express caution about the expansion's near-term financial impact. 08-SEP-2026 08:30 AM ET