Sims Group Ltd. acquired the business and assets of Bay Bridge Enterprises LLC, a Virginia-based recycling operation. The transaction is expected to be complete by the end of next month.
Bay Bridge Enterprises operates a metals recycling and shredding facility on 65 acres with a deep water dock facility on the Elizabeth River, Chesapeake Virginia.
Jeremy Sutcliffe, CEO of Sims Group, noted, “The acquisition is part of the Group’s overall strategy to expand its business on the US east coast and complements our existing operations in Richmond and Tabb, Virginia.”
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