M&A Deal Summary

Metal Recycling Services Acquires State Line Scrap Metal

On March 12, 2012, Metal Recycling Services acquired metals/mining company State Line Scrap Metal

Acquisition Highlights
  • This is Metal Recycling Services’ 1st transaction in the Metals/Mining sector.
  • This is Metal Recycling Services’ 1st transaction in the United States.
  • This is Metal Recycling Services’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2012-03-12
Target State Line Scrap Metal
Sector Metals/Mining
Buyer(s) Metal Recycling Services
Deal Type Add-on Acquisition

Target

State Line Scrap Metal

Gastonia, North Carolina, United States
State Line Scrap Metal, Inc. operates a full-service scrap processing facility.

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Buyer(S) 1

Buyer

Metal Recycling Services

Monroe, North Carolina, United States
Category Company
Founded 1999
Sector Environmental
DESCRIPTION

MRS, founded in 1999, operates a full-service processing facility (including an automobile shredder) and two North Carolina feeder yards. MRS employs 150 people and expects to process 220,000 tons annually.

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