Metal recycling giant Sims Metal Management has bought scrap recycler Dunn Brothers for an undisclosed sum.
The acquisition will see Sims taking over Dunn’s nine ferrous and non-ferrous facilities across the Midlands, which process 35,000 tonnes of material each month. Dunn’s employees will also transfer to Sims.
Group chief executive officer Daniel Dienst said: “The acquisition of Dunn is a testament to our ability to find accretive and franchise enhancing acquisitions. With Dunn, we now operate a shredder facility in the UK’s second largest city, while extending our footprint into new, targeted, regional markets.”
Dunn’s key operations are based at its site in Birmingham, which is supported by a collection and export infrastructure which covers Southampton, Ipswich, Liverpool, Avonmouth and Barry in Wales. The acquisition includes dock facilities and a 6,000hp shredder.