Metropolitan Alloys Corporation and Aluminum Recovery Technologies have been acquired by Metal Conversions

Detroit, MI – CFI USA (PMCF Investment Banking) is pleased to announce it served as the exclusive investment banker to Metropolitan Alloys Corporation (“Metro Alloys”) and Aluminum Recovery Technologies, Inc. (“ART”) (collectively, the “Companies”) in their sale to Metal Conversions, Ltd. (“Metal Conversions”).

Headquartered in Detroit, Michigan, Metro Alloys is a premier supplier of high-quality zinc anodes and alloys to the die casting, galvanizing, and electroplating industries in addition to critical aluminum deox products to some of the largest global steelmakers. Founded in 1941, Metro Alloys built an 85-year reputation for superior product quality and reliable service. Based in Kendallville, Indiana, ART has over 25 years of operating history as a leading aluminum toll processor serving a diverse industrial customer base across the Midwest.

Metal Conversions is a highly regarded scrap metal recycling and tolling operator headquartered in Westerville, Ohio. Formed in 1997, Metal Conversions specializes in non-ferrous scrap metal trading and secondary smelting and operates a full-service scrap yard in Mansfield, Ohio. Metal Conversions is recognized for its innovative concepts in secondary aluminum foundry alloys and its commitment to superior customer service.

Related

• https://pmcf.com/transactions/pmcf-advises-metropolitan-alloys-corporation-and-aluminum-recovery-technologies-on-their-sale-to-metal-conversions/