NEW YORK Sims Metal
Management Ltd. has completed its acquisition of a Canadian
electronics recycling company, barely three months after a buy
in Maryland, the company said Thursday.
Sims electronics recycling
business, Sims Recycling Solutions (SRS), this week acquired
Langley, British Columbia-based Genesis Recycling Ltd. for an
Genesis is located just outside
Vancouver and provides recycling solutions to business,
government and industrial customers for electronics and small
"With our strong presence in
Ontario and eastern Canada, this acquisition was an attractive
opportunity for Sims MM to enter Western Canada and further
strengthen its North America SRS electronics recycling
business," Steve Skurnac, president of SRS Americas
It follows Sims
acquisition of Elkridge, Md.-based E-Structors Inc., which SRS
bought in September (
amm.com, Sept. 5).
At Sims groups annual
meeting of shareholders in North Sydney, Australia, held in
mid-November, chief executive officer Daniel W. Dienst said the
company would continue to evaluate growth opportunities for SRS
in North America.