Sims Metal Acquires Baltimore Scrap Corp
Sims Metal , a global leader in metal recycling, today announced the company has agreed to acquire the assets of United States-based metal recycler, Baltimore Scrap Corp (BSC) and its affiliated entities.
- Sims Metal , a global leader in metal recycling, today announced the company has agreed to acquire the assets of United States-based metal recycler, Baltimore Scrap Corp (BSC) and its affiliated entities.
- “Baltimore Scrap Corp is a company we have admired for many years.
- “This acquisition is a highly complementary fit with our strategy to expand the metal recycling business in North America and increase our diversity of sales channels to growing US domestic demand for ferrous and non-ferrous scrap metal.
- I welcome the Baltimore Scrap Corp team and their group of affliates to the Sims family.”
Stephen Mikkelsen, chief financial officer of Sims Limited, added, “The BSC acquisition is another example of our capital recycling strategy.