Divestiture • Metals/Mining

The David J. Joseph Co. Acquires American Compressed Steel

On August 27, 2008, The David J. Joseph Co. acquired metals/mining company American Compressed Steel from Secondary Resources

Acquisition Context
  • This is The David J. Joseph Co.’s 2nd transaction in the Metals/Mining sector.
  • This is The David J. Joseph Co.’s 2nd transaction in the United States.
  • This is The David J. Joseph Co.’s 2nd transaction in Missouri.

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M&A Deal Summary

Date August 27, 2008
Target American Compressed Steel
Sector Metals/Mining
Buyer(s) The David J. Joseph Co.
Sellers(s) Secondary Resources
Deal Type Divestiture

Target Company

American Compressed Steel

Kansas City, Missouri, United States
American Compressed Steel, Inc. provides metal recycling services.
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Buyer Overview 1

Buyer

The David J. Joseph Co.

Cincinnati, Ohio, United States

Category Company
Founded 1885
Sector Metals/Mining
DESCRIPTION

The David J. Joseph Company is a U.S. scrap company. The Company was founded in 1885 and has been the broker of ferrous scrap to Nucor since 1969. Currently the company has five main businesses - Brokerage Services, Scrap Processing, Mill and Industrial Services, Rail Services, and Self Service Auto Parts.


Deal Context for Buyer #
Overall 2 of 2
Sector: Metals/Mining 2 of 2
Type: Divestiture 1 of 1
State: Missouri 2 of 2
Country: United States 2 of 2
Year: 2008 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-02 Advantage Metals Recycling

Kansas City, Missouri, United States

Advantage Metals Recycling (AMR) was formed in 1977 as Galamba Metals Group, headquartered in Kansas City. The largest scrap recycling company in Kansas and Missouri, and operate 16 facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-29 U-Pull-&-Pay

Cincinnati, Ohio, United States

U Pull-&-Pay (UPAP) is a customer-focused organization that provides low-cost, used auto parts to customers with a nationwide network of retail self-serve used auto parts stores. The company's inventory and interchange information services enhance the customer experience. Customers bring their own tools into UPAP stores and remove valuable auto parts from an environmentally processed inventory of autos. U Pull-&-Pay was formed in 2006 and is based in Cincinnati, Ohio.

Sell -

Seller Profile 1

SELLER

Secondary Resources

Kansas City, Missouri, United States

Category Company
Sector Metals/Mining
DESCRIPTION

Secondary Resources, Inc.provides metal recycling services.


Deal Context for Seller #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Divestiture 1 of 1
State: Missouri 1 of 1
Country: United States 1 of 1
Year: 2008 1 of 1