Sadoff, of Fond du Lac, Wis., said in a news release it reached an agreement in principle to buy Omaha, Neb.-based Midwest Metals, which does aluminum can and other nonferrous commodity recycling. Sadoff plans to take ownership of the company by the end of September.
In the summer Sadoff said it would expand its scrap metal receiving and processing facility in Lincoln, Neb., by 13 acres.
“Midwest Metals has a great reputation, and we look forward to enhancing partnerships in the Omaha market,” said Sadoff CEO Mark Lasky.
Sadoff does ferrous, nonferrous and electronic scrap metal recycling, with six facilities in Wisconsin and one in Nebraska.