Sims Group acquires US-based Weinert Recycling

Thursday, 25 September 2008 10:09:55 (GMT+3)   |  
       

Global metal recycler Sims Group Limited (Sims) has announced the acquisition of the assets of Weinert Recycling, a ferrous and non-ferrous scrap metal recycler with operations in Middletown and Liberty, New York.

The financial terms of the deal, including price, were not disclosed by the parties.

The acquisition is in line with Sims' strategy to expand the geographical access of its metals business.

As previously reported by SteelOrbis, in line with this strategy, Sims last week acquired a 70 percent stake in Silver Dollar Recycling in Las Vegas and completed its acquisition of UK-based regional metal recycler C. Herring & Son Limited.

Sims, whose core businesses are metal recycling and recycling solutions, has over 230 operations globally.


Tags: Scrap Raw Mat UK Europe 

Similar articles

Import scrap prices in Bangladesh mainly stable but downward bias in some containerized offers

03 May | Scrap & Raw Materials

US scrap still likely sideways for May

02 May | Scrap & Raw Materials

Import scrap prices largely stable in Pakistan, but bids keep falling amid slow trade

02 May | Scrap & Raw Materials

Import scrap prices in India down slightly as mills moderate buying

02 May | Scrap & Raw Materials

Turkish scrap imports up 7.8 percent in January-March

02 May | Steel News

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

Somanath Tripathy at IREPAS: India’s total scrap consumption to increase to 35.6 million mt in 2024

29 Apr | Steel News

Kazakhstan’s ban on scrap exports to remain in place

29 Apr | Steel News

Mexican domestic scrap prices - week 17, 2024

26 Apr | Scrap & Raw Materials

Turkey’s domestic scrap prices remain stable

26 Apr | Scrap & Raw Materials