SEATTLE (Scrap Monster): Brampton, Ontario, Canada-based Triple M Metal LP announced that it has successfully completed acquisition of BM Metal Services Inc., and North Bay Salvage from Sudbury, Ontario-based Milman Industries Inc. The transaction included three recycling facilities in the greater Sudbury area, and one in North Bay. With this acquisition, Triple M Metal has further expanded its operational capabilities in Northern Ontario region.
Commenting on the acquisition, Steve Leddy, President of Triple M Metal LP said that the company is extremely proud to welcome the scrap division of BM Metals and North Bay Salvage into the Triple M Metal family. The addition of these reputable and well-established businesses into its portfolio is a clear testimony of its commitment to offer to our customers and suppliers best-in-class services, Leddy added.
Triple M Metal has been on an expansion spree over the past several years, making it a fully integrated recycler of ferrous and non-ferrous scrap metal. With this acquisition, the company now runs 35 facilities across the U.S. and Canada. The company processes more than four million tons of metallic scrap facilities across entire North American region.