Alba sells off scrap metal facility

The ALBA Group, an environmental services and recycling firm headquartered in Berlin, Germany, has sold its facility in Aschaffenburg, Germany, to the metals recycling group Bernhard Westarp GmbH & Co. The Aschaffenburg facility was part of the company’s Alba Metall Süd Rhein-Main GmbH division.

Alba says the sale is part of its strategic development to realign and sharpen its portfolio of businesses. Bernhard Westarp, located in Germany, has around 10 locations throughout Germany.

In selling off the assets, Axel Schweitzer, CEO of Alba Group plc & Co., says, “Our goal is to push ahead with the widely discussed strategic realignment of our group. This includes further increasing our real net output ratio in the waste and metals segment, and strengthening our focus on those sectors in which we extract new raw materials through technology and innovation in the scope of our combination of waste management, as well as steel and metal recycling activities.”

The acquisition was completed Jan. 15, 2015.

Alba says that its Aschaffenburg facility handled around 30,000 metric tons of scrap metal last year. However, the facility was used primarily for purchasing and selling scrap metal and did not have access to any further in-house processing.

Alba Group, through its two brands—Alba and Interseroh—operates in Germany, Europe, the United States and throughout Asia.