Commercial Metals Company Acquires Assets of Roane Metals Group LLC
March 3, 2023
Commercial Metals Company (CMC) acquired all assets of metal recycling company Roane Metals Group LLC, which operates two facilities in Tennessee capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually. The acquisition is intended to enhance the security and supply of competitively priced scrap inputs to CMC's steelmaking operations.
- Buyers
- Commercial Metals Company
- Targets
- Roane Metals Group LLC
- Sellers
- Roane Metals Group LLC
- Industry
- Industrial Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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