The Onyx Environmental Services division of French conglomerate Vivendi has finalized its purchase of Shoreland Metals in Valparaiso, Ind. Shoreland Metals will now operate under the name Onyx Environmental Services, Metals Recycling Group.
“Onyx is expanding its service offering in this critical area of recycling, based on increasing customer demand,” says Onyx president Tom Bramlette. “Our customers continually remind us that their preferred waste management methods are re-use, reclaim, recycling and alternative technologies, as opposed to classic treatment and disposal.”
According to Onyx vice president of operations George Martin, the company plans to become an active participant in the metals recycling market. “Our intent is to maintain and build on the entrepreneurial spirit of Shoreland’s employees,” says Martin. “We plan to invest new capital over the next several years in the facility to improve operating efficiencies and to expand production capabilities.”
The Onyx Environmental Services division of the Vivendi French conglomerate has more than 60 locations in the U.S., concentrating primarily on the handling of hazardous industrial wastes. On the solid waste and municipal recycling side, Onyx Waste Services operates 23 landfills, 19 transfer stations and 15 recycling facilities in the U.S., with many of the assets acquired from the former Superior Waste Services company of Wisconsin.
Paris-based Vivendi is a multi-billion dollar conglomerate with diverse operations. The company, which grew through rapid acquisition in the late 1990s and earlier this decade, has recently suffered financial setbacks and is reportedly considering of selling off some assets.Get curated news on YOUR industry.
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