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Sadoff Iron & Metal to buy Aluminum Resources

Keywords: Tags  Sadoff Iron & Metal, Aluminum Resources, Nathan Laliberte


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 Sadoff name.
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.

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