It is reported that Sims UK has purchased Halesowen based Evans and Mondon Ltd another West Midlands based ferrous metal recycling plant. The cost of the acquisition of Evans and Mondon Ltd has not been released due to confidentiality issues.
Evans and Mondon Ltd has been in operation since 1947 and currently employs a staff of 16 people. The facility recycles approximately 30,000 tonnes of metal per year.
Sims UK, a subsidiary of global metal recycling giant Sims Group, acquired Evans and Mondon Ltd. A mere seven months after it purchased scrap metal merchant, ER Coley Ltd.
Reports confirm that Sims intends to consolidate the two businesses, which are located on the same industrial site.
Mr Tom Bird MD of Sims UK said that “The West Midlands region is an area of the country where Sims Group is keen to strengthen its foothold. Late last year we acquired ER Coley Ltd and the proximity of Evans and Mondon to this site allows for an easy consolidation of the two businesses with a combined total of 100,000 tonnes of metal per annum.” He added that “These two businesses offer the perfect platform for Sims to continue its expansion into the Industrial Heartland of the UK.”
(www. recycle.co.uk)
