Reconomy UK Ltd., a United Kingdom-based specialty recycling and waste management services provider, has acquired Sudamin Rohstoff, a Germany-based company Reconomy says is one of Europe’s foremost independent recycling broker and logistics expert specializing in the recovery of valuable metals from the iron and steel industry.
Sudamin works predominantly in recovering zinc and other metals from the byproducts of electric arc furnace (EAF) steel mills, “ensuring the environmentally sound and economically efficient transportation of materials, and fulfilling all necessary national and international documentation requirements to certify full regulatory compliance,” according to Reconomy.
“Reconomy is delighted to partner with Sudamin, Europe’s leading specialist in the recovery of zinc and other valuable metals from the byproducts of electric arc furnaces," Reconomy Chief Executive Gay Wakelely says. "We see real potential to develop new recycling and recovery streams across our client base as the steel industry adapts to the opportunities of the circular economy.”
Sudamin also owns approvals and licenses for brokering waste disposal and battery and black mass recovery services.
Reconomy says its acquisition of Sudamin enriches its capabilities and complements the services provided by its brands such as Combineering and RLG to increase its importance to international customers.
“We are thrilled to be joining forces with Reconomy and contributing our expertise to further advance sustainable solutions in the circular economy," Sudamin Rohstoff CEO Martin Pothfelder says. "This acquisition marks a significant milestone for Sudamin and reaffirms our commitment to driving positive change in the recycling industry alongside Reconomy’s market-leading brands.”
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