M&A Deal Summary

ELG Utica Alloys Acquires Sims Metal Management Aerospace

On July 16, 2013, ELG Utica Alloys acquired environmental company Sims Metal Management Aerospace from Sims Metal

Acquisition Highlights
  • This is ELG Utica Alloys’ 1st transaction in the Environmental sector.
  • This is ELG Utica Alloys’ 1st transaction in the United States.
  • This is ELG Utica Alloys’ 1st transaction in New York.

M&A Deal Summary
Date 2013-07-16
Target Sims Metal Management Aerospace
Sector Environmental
Buyer(s) ELG Utica Alloys
Sellers(s) Sims Metal
Deal Type Divestiture

Target

Sims Metal Management Aerospace

New York, New York, United States
Sims Metal Management Aerospace engages in processing of alloy and titanium scrap.

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Buyer(S) 1

Buyer

ELG Utica Alloys

Utica,, New York, United States
Category Company
Founded 1965
Sector Environmental
DESCRIPTION

ELG Utica Alloys, specializes in the recycling of titanium alloys and high temperature metals.

DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1

Seller(S) 1

SELLER

Sims Metal

Mascot, Australia
Category Company
Founded 1917
Sector Environmental
Employees4,577
Revenue 8.1B AUD (2023)
DESCRIPTION

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.

DEAL STATS #
Overall 3 of 3
Sector (Environmental) 2 of 2
Type (Divestiture) 3 of 3
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-06 Genesis Recycling

Langle, British Columbia, Canada

Genesis Recycling Ltd. provides recycling solutions to business, government and industrial customers in British Columbia for electronics and small appliances. Genesis, which holds current ISO 9001, ISO 14001, OHSAS 18001 and Responsible Recycling (R2) Practices certifications, has demonstrated expertise in all aspects of recycling, safety, logistics, customer service, and the handling of environmentally sensitive materials within a proven framework for continued growth.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 Morley Waste Traders

Yorkshire, United Kingdom

Morley Waste Traders Ltd. is a United Kingdom-based metal recycler with 10 facilities across Yorkshire. Growing organically from its first site in Morley, the business now operates 9 professionally organised and fully authorised metal waste recycling centres, which combine to provide significant coverage of the Yorkshire region.

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Mergr

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