NEW YORK Sadoff Iron & Metal Co. said it has reached
an agreement in principle to acquire Fond du Lac, Wis.-based
Aluminum Resources Inc.
Fond du Lac-based Sadoff said it plans to take official
ownership of Aluminum Resources, a processor and supplier of
foundry and mill grade recycled aluminum products, by March 31.
This acquisition adds a niche market for us that
complements our current aluminum and nonferrous business
activity, Sadoff chief executive officer Mark Lasky said
in a statement, noting that Aluminum Resources will assume the
The terms of the deal were not disclosed.
Sadoff, a privately held ferrous, nonferrous, alloys and
e‐scrap recycling company, conducts business in 37 states
and exports to China, Mexico, South Korea, India and Canada.