Sims Metal Acquires Baltimore Scrap Corp

Sims Metal Acquires Northeast Metal Traders

March 21, 2023

Industrial Services

Sims Metal, a division of Sims Limited, will acquire the commercial and operating assets of Pennsylvania-based Northeast Metal Traders (NEMT) in a bolt-on deal expected to close in mid-April 2023. The acquisition expands Sims Metal North America’s non-ferrous/copper recycling footprint in Philadelphia, adding approximately 60,000 tons per year of processed non‑ferrous metal and expected commercial and operating synergies.

Closed Loop Partners-Led Consortium Acquires Majority Stake in Sims Municipal Recycling

March 2, 2022

Environmental Services

A fund managed by Closed Loop Partners led a consortium of investors, including the Partnership Fund for New York City and several strategic corporate investors, to acquire a majority stake in Sims Municipal Recycling (SMR). The investment will modernize and expand SMR's circular-economy infrastructure across the New York–New Jersey metro area and Florida, accelerate recovery of recyclable commodities, and support geographic and capability expansion of SMR's operations.

Scrap Management Industries Acquires Allmetal Recycling

December 31, 2025

Industrial Services

Scrap Management Industries (SMI) has acquired Allmetal Recycling, adding Allmetal's network of 10 Kansas locations to SMI's regional footprint and expanding capacity across Missouri, Kansas and Oklahoma. Allmetal's owners, cousins Clint and Kolby Cornejo, will remain in leadership roles as the business continues to operate under the Allmetal name.

FalconPoint Partners Acquires SMS (Scrap Metal Services)

August 26, 2025

Industrial Services

FalconPoint Partners has acquired SMS (a carve-out of Scrap Metal Services LLC), a provider of outsourced steel mill services and marine vessel decommissioning, and has committed $500 million to support the business's growth, technology modernization, and acquisition pipeline. The deal positions FalconPoint to scale SMS's commercial capabilities and expand operations across the United States, Europe and South America while preserving SMS's management team and safety-first service model.

Company of Merchants Acquires C&D Scrap Metal Recyclers

November 21, 2022

Industrial Services

Merchants Metals Recycling II CD, LLC (the "Company of Merchants") has acquired C&D Scrap Metal Recyclers Co., Inc., a Houston-based scrap metal recycler, in a transaction that closed on November 21, 2022. The acquisition expands the buyer's portfolio of industrial facilities and increases its convenient metal drop-off footprint and brand recognition across the Greater Houston area.

BSM Acquisition Acquires Bauer Sheet Metal and Fabricating

January 21, 2026

Manufacturing

Bauer Sheet Metal and Fabricating, a nearly 100-year-old family-owned metal fabricator based in Muskegon, Michigan, was acquired by BSM Acquisition, LLC of Cincinnati, Ohio. The owners sold the business to facilitate their retirement and ensure continuity under new ownership; financial terms were not disclosed.