Bankrupt Keywell to operate as SGK Ventures

Feb 04, 2014 | 05:25 PM | Rey Mashayekhi

Tags  Keywell, Keywell Metals, SGK Ventures, Chapter 11, bankruptcy, scrap, specialty steel, Prophet Equity name change

NEW YORK — Bankrupt specialty steel scrap processor Keywell Metals LLC has changed its name to SGK Ventures LLC, according to documents filed Feb. 3 in U.S. Bankruptcy Court in Illinois.
Southlake, Texas-based investment firm Prophet Equity LP purchased the bankrupt processor in December, when it was known as Keywell LLC, for $15.8 million (amm.com, Dec. 12). Prophet announced shortly thereafter that the business would continue to operate from its....





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