GLE Scrap Metal Acquires Interest in Mallin Companies for Partnership

Feb 01, 2025•6 months ago

Contract Type

partnership

Kansas CityManufacturing

Description

GLE Scrap Metal and Mallin Companies have formed a partnership, with GLE acquiring an interest in Mallin Companies effective December 31, 2024. Mallin's operations will remain in Kansas City, Missouri, retaining its existing leadership and employees. This partnership is aimed at achieving synergies to stay competitive and continue leadership in insulated aluminum, ACSR, and URD processing in the recycling industry.

Company Information

Company

GLE Scrap Metal and Mallin Companies

Location

Kansas City, Missouri, United States

About

GLE Scrap Metal is a 20 year old first generation family business operating six full service metal recycling centers in Michigan and Florida, a brokerage and trading division, and an R2-certified electronics recycling firm. Mallin Companies is a 96 year old 4th-generation family business operating two aluminum wire recycling lines in Kansas City, Missouri.

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Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

GLE Scrap Metal Acquires Interest in Mallin Companies for Partnership

Description

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Company Information