SRS Acquires U.K. Electronics Recycler

Sims Metal Management (SMM), through its electronics recycling division Sims Recycling Solutions (SRS), has expanded its information communications technology asset recovery business into mobile devices with the acquisition of S3 Interactive Ltd. (S3i).

Glasgow, Scotland-based S3i, founded by Philip Johnston in 2004, specializes in recovering end-of-life and defective mobile devices from manufacturers’ warranty and non-warranty service providers.

Daniel Dienst, SMM’s Group CEO, says, “Our SRS business is already a global leader in the recovery of ICT assets such as laptops, desktops and servers. The acquisition of S3i will position SRS in the rapidly growing market of mobile devices, while leveraging S3i’s sector leadership into our existing global operating infrastructure.”

Graham Davy, CEO of SRS, adds, “I would like to take this opportunity to welcome Philip and the employees of S3i who are joining SRS. Their extensive experience is a natural fit with SRS and, as a scalable business, we are very excited by the prospect of expanding their services to our global client base. Together we can offer a sustainable solution for our clients’ valuable electronic resources in a secure, environmentally responsible and cost effective manner.”