About Amalgamated Metals Recycling
Amalgamated Metals Recycling (Pty) Ltd was founded in 2002 and has survived the odds to be one of the best and largest Metal Recycling Companies in South Africa.
We started our company with only 40 staff members and have grown to 230 staff members across 3 branches. We are buyers of ferrous and non-ferrous. We are known to give the best market related prices.
We are compliant and adhere to all the second hand goods laws and Inspections are regularly conducted by SAPS, Citi-power, Telkom, Eskom, Health and Emergency Department Services, to ensure that no stolen material is traded in. We ensure that we practice safety procedures and precautions in accordance with the Occupational Health and Safety Act, and to ensure that employees adhere to them.
All our scales are SABS approved and we can weigh up to 60 ton loads. We purchase, unload, sort and separate material on our premises. Our staff provides the best and most professional assistance. Our company prides its self with employees who are knowledgeable and well trained in buying, cutting, sorting and use of machinery like fork lifts, croppers, balers and excavators. We also have a fleet of well-maintained trucks, trailers and both skip bins and hook lift bins, ensuring the efficient and speedy removal of all materials.
ACQUISITION BY INSIMBI OF THE AMR GROUP
During 2016, Insimbi Refractory and Alloy Supplies Limited, a company listed on the JSE, concluded the acquisition of the entire issued share capital of the Amalgamated Metals Recycling (AMR) group of companies by way of reverse take-over for an aggregate of R284.1 million payable in cash via a combination of senior debt, mezzanine debt and the placement of new Insimbi shares. Both groups have been active in similar industries for a number of years and, although the business activities are different, the parallels between their interests were recognised as well as the opportunity to create a larger, more diversified, company with significant presence in the recycling arena. The combined group will also lead to significantly enhanced cash flow and profit generation capability, with a significant rand hedge to all its shareholders.
AMALGAMATED METALS DEVLAND
18 Pallet Crescent
Tel: +27 11 933 1087
Fax: +27 11 933 1089
Voip: +27 10 591 118
AMALGAMATED METALS WEST RAND
2849 Albertina Sisulu Road,
Tel: +27 11 760 2012
Fax: +27 11 760 4124
AMALGAMATED METALS BOOYSENS
Tel: +27 11 835 1514
Fax: +27 11 496 3546