ITOCHU Metals Makes Minority Growth Investment in PNW Metal Recycling

ITOCHU Takes 19.5% Minority Stake in Wood Partners

December 1, 2025

Real Estate

A subsidiary of ITOCHU Corporation has made a meaningful minority investment (19.5% stake) in Wood Partners to provide additional capital and strategic relationships. Wood Partners’ management will retain majority ownership, Fayez Sarofim & Co. will remain a significant minority holder, and Wood’s strategy and operations will remain unchanged; terms were not disclosed.

ITOCHU (via ETEL) Acquires Murfitts Group Ltd

December 20, 2021

Environmental Services

ITOCHU Corporation, through its U.K. subsidiary EUROPEAN TYRE ENTERPRISE LIMITED (ETEL), has acquired Murfitts Group Ltd, a leading U.K. tyre recycling company based in Lakenheath. The deal brings Murfitts' tyre collection, rubber-crumb manufacturing and proprietary pyrolysis technology into ITOCHU/ETEL's tyre distribution and retail network to support sustainability and vertical integration across the tyre value chain.

Toyota Tsusho America Acquires Radius Recycling

July 10, 2025

Industrial Services

Toyota Tsusho America, a subsidiary of Toyota Tsusho Corporation, has completed the acquisition of Radius Recycling, a leading North American recycler and steel manufacturer headquartered in Portland, Oregon. Radius will continue to operate as a standalone business, retaining its management, employees, operating facilities and brand while helping Toyota Tsusho advance its circular-economy and carbon-neutrality initiatives.

LOTO Energy II Takes Western Metals Corporation Private

September 8, 2022

Oil & Gas

LOTO Energy II, LLC completed a tender offer and merger to acquire Western Metals Corporation (OTC: WTLC), purchasing shares in cash and effecting a merger with its wholly owned subsidiary WMC Merger Sub, Inc. As a result, Western Metals became a wholly owned subsidiary of LOTO Energy II and remaining public shares were converted into cash for selling shareholders. The target is a small California corporation that owns and operates two natural gas wells in Solano County, California.

Pacific Steel & Recycling Acquires Steel Etc.

May 14, 2025

Industrial Services

Pacific Steel & Recycling has acquired Steel Etc., a Great Falls, Montana-based surplus steel and recycling business. Pacific Steel said all Steel Etc. employees will retain their jobs and framed the deal as an expansion of its regional footprint and commitment to the Great Falls community.

Bain Capital-Led Consortium Acquires Hitachi Metals

October 26, 2022

Manufacturing

A consortium led by Bain Capital Private Equity, together with Japan Industrial Partners (JIP) and Japan Industrial Solutions (JIS), closed a tender offer to acquire Hitachi Metals, Ltd. The investors said they will provide capital and management support to accelerate growth and pursue opportunities in areas such as electric vehicles; Hitachi Metals reported ¥942.7 billion in revenue and about 27,700 employees as of March 2022.