Sims Metal Management acquires E-Structors Inc.
Sims Metal Management Limited, through its electronics recycling division Sims Recycling Solutions (SRS), has expanded its North American operations by acquiring the assets of Elkridge, Maryland based E-Structors Inc.
E-Structors is one of the largest electronics recyclers in Maryland, Washington D.C, and Virginia and provides electronics recycling and document destruction services to companies across the United States. E-Structors’ clients include educational and financial institutions, government agencies, health care systems and medical centers, private and public corporations, and national electronics retailers.
Founded in 2003 by Mike and Julie Keough, E-Structors engineered an electronics shredding system that allowed the company to offer its clients the security of physical destruction and generated a higher quality of processed material. The company’s 160,000 sq.ft. facility processes over 22 million lbs. of material each year.
The financial terms of the transaction were not disclosed, however, the purchase price consideration is not material to Sims Metal Management Limited.
For more details about E-Structors, visit AmericanRecycler.com and read A Closer Look from the March 2009 edition.