Global metal recycler Sims Group Limited (Sims) has announced that SA Recycling - a JV between Sims and Adams Steel operating in Southern California, Arizona and Nevada - has acquired a 70 percent stake in Silver Dollar Recycling, Las Vegas, Nevada.
Silver Dollar Recycling operates a shredder and has a leading position in Las Vegas.
The financial terms of the deal, including price, were not disclosed by the parties.
Meanwhile, Sims has also announced the completion of its acquisition of UK-based regional metal recycler C Herring & Son Limited.
Both acquisitions are in line with Sims' strategy to expand the geographical access of its metals business.
Sims, whose core businesses are metal recycling and recycling solutions, has over 230 operations globally.