Stena Metall AB has acquired Reci Industri AB from Scancem Energy and Recovery AB, part of the Heidelberg Cement Group. Reci Industri AB is one of Sweden’s leading players in the management of hazardous waste and other residual products. The company has about 120 employees.
Reci Industri has a nation-wide organization with buffer stocks and treatment facilities located mainly in Göteborg, Halmstad, Stenungsund, Örebro, Stockholm and Kalmar.
The acquisition marks the start of a long-term partnership between the Stena Metall Group and the Heidelberg Cement Group for the supply of alternative fuel and raw materials used in cement and Leca production.
”This acquisition strengthens our prospects for fulfilling customer needs in terms of recycling and environmental services,” says Anders Jansson, CEO of Stena Metall.
”Reci’s operations are outside the scope of Heidelberg Cement’s core business, which is cement, concrete and aggregate. This deal gives Reci an owner with closer ties to its business operations,” says Lennart Rådberg, Heidelberg Cement Sverige. ”It is important to us that we can secure access to alternative fuel at our cement and Leca factories. The agreement we now enter with Stena Metall is a crucial component in this process.”
The acquisition is contingent to approval from the Swedish Competition Authority.
FACTS Stena Metall Group
Stena Metall is the leading recycling company in the Nordic countries. The Group recycles ferrous and non-ferrous metals, recovered paper, plastic, electronic waste, hazardous waste and other industrial waste. The Group also conducts international trading in steel products and oil. Business operations are conducted at 250 locations in Sweden, Denmark, Norway, Finland, Poland, Germany, Russia, Austria and the Czech Republic. The Stena Metall Group has about 3,000 employees and a turnover of about SEK 24 billion for the 2005/2006 fiscal year.
www.stenametall.com
FACTS Reci Industri/HeidelbergCement
Reci offers such services as collection and environmentally-correct treatment of hazardous waste and industrial residue products.
HeidelbergCement is one of the world’s leading producers of building materials with a turnover of about SEK 73 billion and 43,000 employees in 50 countries. Swedish companies in the Group include Cementa, Betongindustri, Sand & Grus AB Jehander and Abetong.
www.reci.se www.heidelbergcement.com