M&A Deal Summary

Prime Materials Recovery Acquires Allied Metal

On November 23, 2012, Prime Materials Recovery acquired metals/mining company Allied Metal

Acquisition Highlights
  • This is Prime Materials Recovery’s 1st transaction in the Metals/Mining sector.
  • This is Prime Materials Recovery’s 1st transaction in the United States.
  • This is Prime Materials Recovery’s 1st transaction in Florida.

M&A Deal Summary

Date 2012-11-23
Target Allied Metal
Sector Metals/Mining
Buyer(s) Prime Materials Recovery
Deal Type Add-on Acquisition

Target

Allied Metal

Miami, Florida, United States
website
Allied Metal Corporation, a wholesale buyer, purchases non-ferrous metal scrap.

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Buyer(S) 1

Buyer

Prime Materials Recovery

East Hartford, Connecticut, United States

website


Category Company
Founded 2002
Sector Metals/Mining
DESCRIPTION

Prime Materials Recovery Inc. is one of the non-ferrous metal merchants and processors in the United States. PMR concentrates on wire and cable recycling and operates processing facilities.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1