Sims Metal Management (SMM) announced that its subsidiary Sims Group UK Ltd., Warwickshire, U.K., has completed the acquisition of the U.K.-based metals recycling firm Dunn Brothers Ltd.
Dunn, headquartered in Birmingham, U.K., is a full-service ferrous and non-ferrous recycler. The company operates nine facilities throughout the U.K., including a 6,000-horsepower shredder, non-ferrous recovery systems and dock facilities at its Birmingham, U.K. facilities. The company’s shredding facility is supported by a collection and export infrastructure, extending from Southampton in the south, Ipswich in the east, Liverpool in the northwest, Avonmouth in the southwest and Barry in Wales. Dunn processes about 35,000 tons of scrap metal per month.
In a statement announcing the purchase, Daniel Dienst, SMM’s Group CEO says, “The acquisition of Dunn is a testament to our ability to find accretive and franchise enhancing acquisitions. With Dunn, we now operate a shredder facility in the U.K.’s second largest city, while extending our footprint into new, targeted, regional markets. We welcome the Dunn team to the Sims Metal Management family and look forward to their many contributions to our business in the years ahead.”
Graham Davy, CEO of European Metals and Global Sims Recycling Solutions, adds, “We are excited by the opportunities that the Dunn business and its staff bring to our U.K. metals business. This deal places Sims Metal Management very firmly as a UK national player, present in key regions and offers both the business and post-consumer sectors quality recycling alternatives from our extended suite of metals recycling and electronic recycling services.”
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