Add-on Acquisition • Metals/Mining

Toyota Tsusho America Acquires Berman Brothers Iron & Metal Co.

On July 17, 2015, Toyota Tsusho America acquired metals/mining company Berman Brothers Iron & Metal Co.

Acquisition Context
  • This is Toyota Tsusho America’s 1st transaction in the Metals/Mining sector.
  • This is Toyota Tsusho America’s 2nd transaction in the United States.
  • This is Toyota Tsusho America’s 1st transaction in Alabama.

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M&A Deal Summary

Date July 17, 2015
Target Berman Brothers Iron & Metal Co.
Sector Metals/Mining
Buyer(s) Toyota Tsusho America
Deal Type Add-on Acquisition

Target Company

Berman Brothers Iron & Metal Co.

Birmingham, Alabama, United States
Bermco Aluminum is a secondary aluminum smelting industry, converting aluminum scrap into aluminum ingot and sow, serving die-casters and foundries for use primarily in the automotive and lawn and garden industries.
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Buyer Overview 1

Buyer

Toyota Tsusho America

Georgetown, Kentucky, United States

Category Company
Sector Diversified
DESCRIPTION

Toyota Tsusho America, Inc. is a multi-market business enterprise company.


Deal Context for Buyer #
Overall 2 of 3
Sector: Metals/Mining 1 of 2
Type: Add-on Acquisition 1 of 1
State: Alabama 1 of 1
Country: United States 2 of 3
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-07 Silver Springs Citrus

Howey-in-the-Hills, Florida, United States

Silver Springs Citrus, Inc. is a provider in the quality processing of oranges and grapefruit.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-13 Radius Recycling

Portland, Oregon, United States

Radius Recycling is a recycler of ferrous and nonferrous scrap metal including end-of-life vehicles and a manufacturer of finished steel products. Radius Recycling was founded in 1906 and is based in Portland, Oregon.

Buy $907M