GLE Scrap Metal Announced Acquisition of Interest in Mallin Companies

SEATTLE (Scrap Monster): GLE Scrap Metal Inc., with its headquarters in Casselberry, Florida, declared that it had purchased a stake in Mallin Cos., a scrap recycler located in Kansas City, Missouri. The deal went into effect on December 31, 2024.

Following the sale, Zach Mallin, the president of Mallin Companies, will continue to run the business with the full backing of GLE and its affiliates. Additionally, Mallin will continue to operate out of Kansas City, Missouri.

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The companies claim that throughout the years, they have developed a fantastic working relationship. They also have a desire for expanding the recycling sector and similar ideals.

It is anticipated that the new collaboration will enable Mallin Cos. to create synergies in order to maintain its competitiveness and leadership in the processing of insulated aluminum, aluminum conductor steel reinforced (ACSR), and underground residential distribution (URD) cables.

The fourth-generation family firm, Mallin Companies, has been in operation for almost a century. In Kansas City, Missouri, it runs two recycling lines for aluminum wire. Another family-run company that has been in business for nearly 20 years is GLE Scrap. In Florida and Michigan, it runs six full-service metal recycling facilities. It also operates an R2-certified electronics recycling company, an insulated copper wire recycling business, and a brokerage and trading section.