Announced

Completed

ArcelorMittal completed the acquisition of John Lawrie Metals.

Synopsis

ArcelorMittal, a firm involved in the steel industry, completed the acquisition of John Lawrie Metals, a provider of scrap metal recycling services. Financial terms were not disclosed. “We are proud to be the first metal recycling business in Europe to be purchased by ArcelorMittal as part of their decarbonisation strategy. Our objectives are aligned, and we will continue to focus our drive on providing an end-to-end closed loop service to our suppliers for the removal, recycling and repurposing of industrial metals," Dave Weston, John Lawrie Metals Managing Director.

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