M&A Deal Summary

Columbus Recycling Acquires Mansbach Metal

On November 10, 2017, Columbus Recycling acquired metals/mining company Mansbach Metal from Progress Rail

Acquisition Highlights
  • This is Columbus Recycling’s 1st transaction in the Metals/Mining sector.
  • This is Columbus Recycling’s 1st transaction in the United States.
  • This is Columbus Recycling’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2017-11-10
Target Mansbach Metal
Sector Metals/Mining
Buyer(s) Columbus Recycling
Sellers(s) Progress Rail
Deal Type Divestiture

Target

Mansbach Metal

Ashland, Kentucky, United States
Mansbach Metal Co. operates as a scrap metal processing company. The Company provides waste management and processing of scrap metal.

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Buyer(S) 1

Buyer

Columbus Recycling

Columbus, Mississippi, United States

Category Company
Founded 1956
Sector Environmental
DESCRIPTION

Columbus Recycling is a metal recycling company focused on processing scrap and supplying materials to foundries and specialty mills. Columbus Recycling was founded in 1956 and is based in Columbus, Mississippi.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Progress Rail

Albertville, Alabama, United States

Category Company
Founded 1982
Sector Machinery
Employees8,000
DESCRIPTION

Progress Rail is a provider of rail and transit products and services throughout North America.


DEAL STATS #
Overall 1 of 3
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 3
State (Kentucky) 1 of 1
Country (United States) 1 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 Haynes

Naples, Florida, United States

Haynes Corporation is a manufacturer of precision diesel fuel injection systems for heavy duty engines. Haynes Corporation products include fuel injection pumps, injector assemblies, nozzle assemblies, delivery valves, plungers and barrels, electronic injectors and contract manufacturing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-21 Downer EDI - Freight Rail Business

North Ryde, Australia

Downer EDI - Freight Rail Business is a provider of rolling stock and aftermarket parts.

Buy -