Announced

Completed

Scrap Management Industries completed the acquisition of Allmetal Recycling.

Synopsis

Scrap Management Industries, a ferrous and nonferrous metal recycling and sustainability company, completed the acquisition of Allmetal Recycling, a scrap metal recycling company based in Kansas. Financial terms were not disclosed. "Allmetal is exactly the kind of company we want to grow with. Both companies are family built and locally led. Allmetal has done an outstanding job serving Kansas communities and its industrial partners. Bringing their team into the SMI family allows us to offer more locations, more capacity and even better service while keeping decisions close to the communities we serve," Jerrit Burgess, Scrap Management Industries CEO.

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MergerLinks - Scrap Management Industries completed the acquisition of Allmetal Recycling.