Sims Metal Management Limited has completed the acquisition of All Metal Recovery Ltd., a metals recycling firm based in Birmingham, U.K.
Tom Bird, Sims Metal Management’s UK managing director, said: "We are delighted with this acquisition and look forward to welcoming the team from AMR to SimsMM. We have been looking to build our presence in the strategically important central location of the West Midlands for some time, but have taken a prudent approach to expansion. This has allowed us to make this acquisition at the right point in the business cycle."
"The AMR acquisition will build upon SimsMM’s metal recycling businesses in Halesowen, and is consistent with our strategy to source metric tons for our major facilities in the UK. It will bring many synergies with our other Midland’s operations, one example being AMR’s rail link facility, which provides an efficient logistics path between our export operations and domestic markets."
In addition to the two metal recycling yards in Smethwick, AMR’s operations include a nearby 4 acre dedicated rail link facility for transporting ferrous and non-ferrous metal to UK steelworks and ports.
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