Sims Metal - M&A Summary and Business Overview

EnvironmentalCompany

Sims Metal M&A Summary

Sims Metal has acquired 7 companies, including 2 in the last 5 years. It has also divested 3 assets.

Sims Metal’s largest acquisition to date was in 2023, when it acquired Baltimore Scrap for $177M. It’s largest disclosed sale occurred in 2012, when it sold Australian Refined Alloys Pty to Renewed Metal Technologies Pty for $57M. Sims Metal has acquired in 2 different US states, and 4 countries. The Company’s most targeted sectors include environmental (72%) and metals/mining (29%).

Sims Metal Business Overview

Where is Sims Metal headquartered?

Sims Metal is headquartered in Mascot, Australia.

What is Sims Metal’s revenue?

Sims Metal disclosed revenue of 4,909M AUD for 2020 and 6,640M AUD for 2019.

How many employees does Sims Metal have?

Sims Metal has 3,862 employees.

What sector is Sims Metal in?

Sims Metal is an environmental company.

When was Sims Metal founded?

Sims Metal was founded in 1917.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity7
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 4

Sims Metal

Sims Metal Management Ltd.

189 O’Riordan Street Level 9,
Mascot, NSW 2000
Australia,
(212) 604-0710
www.simsmm.com

Sims Metal is a metal recycler, with operations encompassing the buying, processing and selling of ferrous and non-ferrous recycled metals. Sims was founded in 1917 and is based in Mascot, Australia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 5 - - - 2 - 7
vol $177M $177M
Sell (0.0/yr) # 3 - - - - - 3
vol $92M $92M
  10

Most Recent M&A

Company Date Value Type
Baltimore Scrap Corp. 2023-08-15 177M USD Add-on Acquisition
Baltimore, Maryland · www.baltimorescrap.com
Northeast Metal Traders, Inc. 2023-03-21 - Add-on Acquisition
Philadelphia, Pennsylvania · www.metaltrader.com
Morley Waste Traders Ltd. 2018-03-08 - Add-on Acquisition
Yorkshire, United Kingdom · www.morleywaste.com
Lord and Midgley Ltd. 2018-03-08 - Add-on Acquisition
East Yorkshire, United Kingdom · www.lordandmidgley.co.uk
Sims Metal Management Aerospace 2013-07-16 - Divestiture
New York, New York · www.simsmm.com/us/divisions/sims-metal-management-aerospace
Genesis Recycling Ltd. 2012-12-06 - Add-on Acquisition
Langle, British Columbia · www.genesisrecycling.ca
Sims Metal - Arizona Scrap Metal Recycling Assets 2012-12-01 35M USD Divestiture
, Arizona
E-Structors, Inc. 2012-09-05 - Add-on Acquisition
Elkridge, Maryland · www.us.simsrecycling.com/contacts-and-locations/washington-dc
Australian Refined Alloys Pty Ltd. 2012-02-29 57M AUD Divestiture
Melbourne,, Australia
Australian Refined Alloys Pty Ltd. 2010-01-01 - Joint Venture
Melbourne,, Australia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Environmental 5 (71%) 177M (100%) 2 (67%) 35M (38%)
Metals/Mining 2 (29%) - 1 (33%) 57M (62%)
Total 7 $177M 3 $92M

By Geo

State/Country Buy Value Sell Value
United States 3 177M 2 35M
  Maryland 2 177M - -
  Pennsylvania 1 - - -
  Arizona - - 1 35M
  New York - - 1 -
Australia 1 - 1 57M
United Kingdom 2 - - -
Canada 1 - - -
  British Columbia 1 - - -
Domestic 1 (14%) - 1 (33%) 57M (62%)
Cross-border 6 (86%) 177M (100%) 2 (67%) 35M (38%)
Total 7 $177M 3 $92M

Deal Values

buy # Total
$100M to $1B 1 $177M
TOTAL $177M
Largest Baltimore Scrap Corp.
$177M (2023-08-15)
sell # Total
< $100M 2 $92M
TOTAL $92M
Largest Australian Refined Alloys Pty Ltd.
$57M (2012-02-29)

M&A Connections

Deals
Divested to
Strategic(s)
100%
3 (100%)

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Environmental Companies , Australia Companies