HJHansen Recycling Industry Ltd. acquires Uniscrap Ltd.

HJHansen Recycling Industry Ltd., has just signed a deal regarding the acquisition of all shares in Uniscrap Ltd.

The shares are acquired from Scholz Recycling GmbH. This means that all Danish activities in Uniscrap Ltd. will become part of HJHansen Recycling Industry Ltd.

During the last 1,5 years, HJHansen Recycling Industry has completed an extensive turnaround process resulting in significant cost reduction and efficiency increase.

Following the acquisition, HJHansen Recycling Industry Ltd. will represent a turnover of 300 million EUR and will have approximately 200 employees on 20 locations in Denmark, Sweden, Turkey and China.

HJHansen Recycling Industry works for international recognition and respect and we will be our clients’ preferred partner. With the acquisition of Uniscrap, we strengthen our business platform which will benefit our customers world wide. Now we await the final approval from the competition authorities and when that is reached, we will start integrating business processes and utilize synergies”.