Scrap Metal Prices

Steel Prices

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car

This service is only available to US clients.

Metal Recycling News December 17, 2019 12:30:40 PM

River Metals Completes Strategic Acquisition of ISA Assets

Paul Ploumis
ScrapMonster Author
Both the companies had signed a definitive agreement in August this year.
River Metals Completes Strategic Acquisition of ISA Assets

SEATTLE (Scrap Monster): Kentucky-based River Metals Recycling (RMR) announced that it has finalized the acquisition of substantially all of the assets of Louisville-headquartered Industrial Services of America Inc. (ISA). Both the companies had signed a definitive agreement in August this year. The transaction is valued at $23 million.

The company press release by The David J. Joseph Co. (DJJ), RMR’s parent company, noted that it intends to hire substantially all of ISA’s employees upon closing of the transaction. The acquisition is in line with the strategy to expand its regional recycling platform. Further, it will help the company support its expanding ferrous and nonferrous customer base in the region. The merger of ISA’s business with RMR is expected to lead to the best outcome for shareholders, employees, suppliers and customers.

ALSO READ: River Metals Recycling Xenia Celebrates 100 Years of Operation

The acquisition adds four metal recycling facilities of ISA in Kentucky and Indiana, in addition to 11 locations, including automobile shredder locations, which RMS operates currently.

Are ads getting in your way? Register for Ad-free pages and live data.

How to Recycle

Proper Disposal of Alkaline Batteries

Proper Disposal of Alkaline Batteries

Improper disposal of alkaline batteries can result in various negative consequences. Explore our blog post to discover safe disposal methods.
Christmas Tree Recycling - Responsible Ways

Christmas Tree Recycling - Responsible Ways

Proper preparation and using a reliable Christmas tree recycling directory ensures responsible disposal and maximizes the benefits.
Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop throwing away LED light bulbs and dispose of them responsibly. Proper disposal ensures environmental safety and sustainability.
powered by RecyclingMonster
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search