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Article: Waste Industry Briefs.(Excell Materials Inc.)(Briefs)
- Article from:
- Waste News
- Article date:
- January 22, 2007
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Recycling
Harsco buys Pittsburgh firm for $200M
Harsco Corp. has acquired Pittsburgh-based steel slag recycler Excell Materials Inc. for approximately $200 million.
The Harrisburg, Pa.-based industrial services firm expects to close the deal during the first quarter. Excell specializes in extracting high-value metals from steelmaking slag. Its operations include onsite facilities at several leading steel mills. Excell posted 2006 revenue of more than $100 million from its nine facilities in the United States, Canada, Brazil and South Africa.
"Excell is an ideal strategic fit in expanding Harsco's portfolio of higher technology services ...