Triple M Metal LP Announces the Acquisition of BM Metal Services Inc.’s Scrap Recycling Assets
| By Triple M Metal | 0 Comments
We are proud to announce that Triple M Metal LP has successfully completed the acquisition of Scrap Recycling Assets of BM Metal Services Inc., and North Bay Salvage from Milman Industries Inc., a Canadian environmental service provider that has been a part of the recycling industry since 1971. The transaction includes three recycling facilities in the greater Sudbury area, and one in North Bay. This acquisition continues to expand Triple M Metal’s operational capabilities in Northern Ontario.
“We are extremely proud to welcome the scrap division of BM Metals and North Bay Salvage into the Triple M Metal family,” said Steve Leddy, President of Triple M Metal LP. “Adding these reputable and well-established businesses into the Triple M portfolio reflects our organization’s commitment to offer to our customers and suppliers best-in-class services.”
Over the last 50 years, Triple M Metal LP has evolved into one of the largest independent metal recycling companies, with the completion of this acquisition Triple M Metal LP now operates 35 sites across North America.
About Triple M Metal LP
A division of Giampaolo Group Inc., Triple M Metal LP has a wide range of processing capabilities that comes from nearly 50 years of servicing the scrap metal recycling industry. The division operates shredders, stationary and mobile shears, ferrous and non-ferrous balers, a copper and aluminum insulated granulation system, and a state-of-the-art downstream separator. These systems allow Triple M to support sustainability by processing more than four million tons of metallic scrap material across North America, and warrant them to keep environmental, social and corporate governance at their core.