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Sims Metal acquires Morley metal recycling business

Sims Metal Management Ltd. said March 13 that it acquired U.K.-based metal recycling company Morley Waste Traders and the Lord and Midgley businesses.

The company did not disclose the terms of the deal and said it considered the consideration immaterial.

With the addition of the 10 new facilities, Sims Metal Management now owns 50 metals recycling facilities across the U.K. The company has more than 250 facilities globally.