MetalX Acquires Metal Shred Industries' Aluminum Processing Assets

Scrap Management Industries Acquires Allmetal Recycling

December 31, 2025

Industrial Services

Scrap Management Industries, Inc. (SMI) acquired Allmetal Recycling, a Kansas-based scrap metal recycler founded in 2009. The deal expands SMI’s footprint across Kansas with Allmetal’s 10 locations and adds capacity that supports SMI’s operation of multiple shredders across yards in Missouri, Kansas, and Oklahoma.

Mill Steel Co. Acquires Maryland Metals Processing

November 4, 2024

Industrial Services

Mill Steel Co., a third-generation family-owned distributor of flat-rolled carbon steel, stainless steel and aluminum, has acquired Maryland Metals Processing (MMP), a Baltimore-based stainless and aluminum toll processor. Mill Steel said MMP will continue to operate independently with its name and associates while adding toll processing capacity and strengthening Mill Steel's national footprint and processing capabilities.

Ryerson Acquires Production Metals

August 2, 2024

Industrial Services

Ryerson Holding Corporation, a Chicago-based metals processor and distributor, has acquired Production Metals, LLC, a Monroe, Connecticut-based distributor of aluminum, stainless and specialty steels. The deal expands Ryerson's value-added metal offerings and precision cutting capabilities (sawing, lasering, water jet cutting) in the Northeastern United States and across Ryerson's service-center network.

OmniSource Acquires Toledo Shredding, LLC

April 4, 2024

Industrial Services

OmniSource, a subsidiary of Steel Dynamics, acquired the assets of Toledo Shredding, LLC, a 30-acre scrap metal processing facility in Toledo, Ohio, from ProTrade Group. Brown Gibbons Lang & Company acted as exclusive financial advisor to Toledo Shredding on the transaction.

Sims Metal Acquires Baltimore Scrap Corp

August 15, 2023

Environmental Services

Sims Metal, the metal recycling business of Sims Limited, has agreed to acquire the assets of Baltimore Scrap Corp and its affiliates for US$177 million plus working capital and other adjustments. The deal adds 17 facilities (including four shredders) across Maryland, Virginia, Pennsylvania, New York and New Jersey and ~600,000 tonnes per year of scrap volume, strengthening Sims' North American footprint; the transaction is expected to close in October 2023 subject to customary approvals.

Lynx Equity Acquires Alpine Shredders

February 8, 2019

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Alpine Shredders, a Kitchener, Ontario manufacturer of purpose-built mobile shredding trucks. BDC Capital provided $6 million in mezzanine financing to support the transaction; Alpine's president George Doerr will remain with the company.