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Acquisitions, Mergers & Partnerships

  • New Day closes on purchase

    New Day Aluminum Holdings LLC disclosed that its Dutch subsidiary has closed on the acquisition of all the share capital of ARC Fused Alumina from Mircal SA, a subsidiary of Imerys SA fully and directly owned by it.

    Mircal was required by the European Commission to divest this business as a condition to its 2016 acquisition of certain assets from Alteo Holding. The New Day transaction received European Commission approval in September and has now completed all other closing conditions, including consultative proceedings with the company’s Works Council.

    ARC Fused Alumina, located in La Bâthie, France, employs over 150 workers and operates facilities producing a number of specialty alumina products, including white fused alumina, bubble alumina, Abral® and silicon nitrates. The company’s products have multi-application uses in the ceramics, flooring, abrasives and refractory industries.

    David D’Addario, chief executive officer of New Day, commented, “We are pleased to welcome the ARC Fused Alumina business and its employees to the New Day family, and excited for the opportunity to build upon the rich 120-plus year history of the La Bâthie based business.

    This acquisition helps diversify New Day’s portfolio, both geographically and in product mix. La Bâthie provides us entry into a new market sector while better positioning New Day for more acquisition activity and integration on a global scale.

    Published in the December 2017 Edition of American Recycler News

  • Waste Oil Recyclers acquired

    Mahoney Environmental, a recycler of used cooking oil for 65 years, has purchased Waste Oil Recyclers, Inc., (WOR) a used oil recycling company based in Modena, Pennsylvania a suburb of Philadelphia.

  • New Day approved for acquisition

    New Day Aluminum Holdings LLC disclosed that the European Commission has given its approval to New Day’s acquisition of all the share capital of ARC Fused Alumina from Mircal SA, a subsidiary of Imerys SA fully and directly owned by it.

  • Thyssenkrupp and Tata Steel to merge steel operations

    Thyssenkrupp and Tata Steel have signed a memorandum of understanding to combine their European steel activities in a 50/50 joint venture.

  • Novelis completes joint venture

    Novelis has completed the transaction for its joint venture with Kobe Steel, Ltd., a producer of aluminum rolled products in Japan. The joint venture, Ulsan Aluminum, Ltd., was formed by Novelis selling Kobe Steel its ownership interest in its Ulsan, South Korea facility for $315 million.

  • ENGIE acquires Northeast energy service companies

    ENGIE North America has acquired six mechanical services companies from the Talen Energy Group. The companies, B-G Mechanical Contractors, B-G Mechanical Services, Elmsford Sheet Metal Works, Inc., Fred Williams, Inc., H.T. Lyons, and TryState Mechanical are based in Pennsylvania, New York, and New England and together employ 750 people.

    This acquisition provides ENGIE a platform to deliver mechanical contracting services to commercial and industrial and public sector customers in a dynamic region characterized by high energy intensity and seasonal demand, with a complementary commercial and regulatory framework that supports energy efficiency and carbon reduction. These companies have direct relationships with owners and operators of complex  mechanical systems to provide them with a single point of contact for a range of services.

    Published in the November 2017 Edition of American Recycler News

  • International Paper sells its food service business

    International Paper has completed the sale of its food service business in China to Huhtamaki Group. The divested business has two plants and a workforce of approximately 200 employees. Terms were not disclosed.

    Published in the November 2017 Edition of American Recycler News

  • EnviroLeach partners with Jabil for e-waste processing

    EnviroLeach Technologies Inc. has entered into a strategic global partnership with Jabil Inc. As part of the partnership, Jabil will utilize EnviroLeach’s patent pending formula and processes for the recovery of metals from circuit boards and electronic waste. The new process will operate at Jabil’s 650,000 sq.ft. facility in Memphis, Tennessee.

  • Recycling partnership formed to provide work for disabled

    Triangle, Inc. has partnered with the electronic recycling company, Green Network Exchange.

  • Nucor to acquire cold finish facilities

    Nucor Corporation has agreed to acquire St. Louis Cold Drawn, Inc., a manufacturer of cold drawn rounds, hexagons, squares, and special sections that mainly serve the U.S. and Mexican automotive and industrial markets.

  • Lakeshore acquires Area Restroom Solutions

    Lakeshore Recycling Systems (LRS), an independent recycling and waste diversion services provider, has acquired Area Restroom Solutions (ARS), a leading Chicago area portable restroom rental company. The acquisition boosts LRS’ temporary services line of business by 20 percent, offering customers immediate access to portable restroom services used most frequently at construction sites, park districts and outdoor events.

    LRS first entered the portable restroom market with the January 2017 acquisition of West Chicago based K. Hoving Companies. As a result of the ARS acquisition, LRS has grown its inventory of portable restrooms by 20 percent to over 5,000 units, and is now the second largest portable restroom provider in Illinois.

    Family owned and operated since its inception, Aurora based Area Restroom Solutions has created a strong reputation for maintaining high standards of reliability and cleanliness across its fleet of portable toilets and restrooms throughout the Chicagoland area.

    Published in the October 2017 Edition of American Recycler News

  • Republic Services acquires ReCommunity Holdings

    Republic Services, Inc. has entered into a definitive agreement to acquire ReCommunity Holdings II, Inc., the largest independent recycling/processing company in the U.S. ReCommunity’s assets and expertise will complement Republic’s existing recycling collection and processing operations.

    The acquisition involves 26 recycling centers in 14 states, primarily in locations where Republic maintains a leading market presence. Combined, these facilities recover approximately 1.6 million tons of recycled commodities annually. The transaction also includes the assumption of multiple long-term municipal agreements with processing fee-based structures, which aligns with Republic’s innovative recycling pricing model.

    “We believe this transaction will enable us to meet growing customer demand for recycling services, while achieving one of our key sustainability goals,” said Don Slager, president and chief executive officer of Republic Services. “Recycling continues to be one of the fastest growing segments of the waste stream, and our focus remains on investing in traditional recycling in select and prioritized markets where customers have demonstrated both a demand and a willingness to pay for recycling.”

    As part of its Blue Planet™ sustainability platform, Republic has a goal of adding an additional 150,000 tons or more per year of recycling capacity by 2018.

    Published in the October 2017 Edition of American Recycler News

  • Industrial Magnetics acquires Javelin Mfg.

    Industrial Magnetics, Inc.(IMI) has acquired Javelin Manufacturing of Fort Wayne, Indiana.

    Javelin Manufacturing specializes in eddy current separators and engineered systems found in the scrap, recycling, waste, mining and related industries.

    Javelin’s experienced and dedicated staff will remain intact to serve and support the company’s rapid growth, and the Fort Wayne location will continue to operate as the primary engineering and design center for the brand. Capital investments to bolster the current testing platform, modernize assembly capabilities and create a toll processing cell are all slated for later this year.

    Published in the October 2017 Edition of American Recycler News

  • GPB Capital acquires two waste companies

    GPB Capital, a private equity firm, has acquired stakes in Joe Morea & Sons Private Sanitation, Inc. and Staten Island Carting, Inc., two waste management companies serving New York City communities. The firms will be merged into Five Star Carting, Inc., a GPB Capital portfolio company, a move which is likely to facilitate significant synergies for GPB Capital’s waste management portfolio.

  • PepsiCo joins The Recycling Partnership

    National nonprofit The Recycling Partnership announced its newest funding partner, the global food and beverage leader, PepsiCo. The organizations have agreed to collaborate on an ambitious cross-sector approach to increasing recycling rates across America.

  • Collaboration delivers funds for education

    Recycling professionals from across the U.S. gathered in Minneapolis for the 2017 Resource Recycling Conference to further their recycling education. The Recycling Partnership disclosed the recipients of its Steve Thompson Memorial Education Grants.

  • Eagle Creek Renewable Energy acquires Hydro facilities in Maine

    Eagle Creek Renewable Energy has completed the acquisition of approximately 30 MW of hydroelectric facilities from Madison Paper Industries, a partnership of UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company. The closing of the transaction took place on July 31, 2017.

  • Nucor to acquire cold finish facilities

    Nucor Corporation has agreed to acquire St. Louis Cold Drawn, Inc., a manufacturer of cold drawn rounds, hexagons, squares, and special sections that mainly serve the U.S. and Mexican automotive and industrial markets.

  • Tervita acquires Columbia Recycle (2008) Ltd

    Tervita Corporation, an environmental solutions provider, has acquired Columbia Recycle (2008) Ltd., a full service scrap yard located in Kimberley, British Columbia. Columbia Recycle has been in business in the area since 1975.

    Published in the September 2017 Edition of American Recycler News

  • Partnership formed over biogas enzymes

    DuPont Industrial Biosciences and silage storage specialists Bock UK Ltd announced a strategic partnership where Bock will demonstrate DuPont’s biogas enzyme technology at commercial scale in the U.K. market.