Sims Recycling Solutions Acquires German Recycler

Sims Group Limited’s Sims Recycling Solutions division has acquired the German company Metall + Recycling GmbH. The acquisition grows Sims’ electronics recycling division globally. M+R specializes in recycling electrical and electronic equipment, as well as processing nonferrous metal. The German operation recycles more than 100,000 metric tons of e-scrap a year.

"We are delighted to welcome M+R into our business. We have good opportunities to realize procurement, technical, marketing and process synergies, said Graham Davy, SRS's managing director for Europe and North America.

"We have of course made our first step into Europe’s largest market and the management team is studying further opportunities to grow our presence in Europe and provide greater pan European e-recycling capability for our international client base," Davy continued.

"M+R enjoys an excellent infrastructure and in common with SRS, has an innovative approach to deliver environmentally led recycling solutions. Our immediate post-deal objective is to combine our technical talent and process knowledge to install a pioneering plastics separation plant at the Bergkamen site to deliver further value added for our businesses in Europe," he added.