Metro Group acquires Arrow Metals Trading

Metro Group acquires Arrow Metals Trading
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Metro Group Inc., a recycling company headquartered in Salt Lake City, Utah, has acquired Arrow Metals Trading, a brokerage office located in St. Louis. In a release, Metro Group says the purchase will allow increased growth in the company’s international and domestic markets and deliver even greater opportunities for its customers.

“We’ve had discussions with Arrow for the past several years and this provides a great fit for expanding our trading division,” says Mark Bond, CEO of Metro Group. “Even though the market has taken a downturn, we’ve managed to remain aggressive, allowing us the opportunity to add another reputable company to our organization.”

The release notes that Arrow Metals Trading, founded in 1993, has business partners throughout the world. The acquisition comes as a result of a long-standing relationship between the two family-owned businesses and will allow suppliers an expanded availability to markets and new consumers in Asia, Latin America, and Europe as well as the United States.

“We are thrilled to be part of such a highly respected, well-run organization,” says Charlie Lordo, former manager of Arrow Metals Trading and son of the company owners. “My family has long-admired Metro Group’s unrivaled customer service and strong commitment to core values. We look forward to servicing our customers in a much greater capacity.”

Metro Group Inc. has eight facilities throughout Utah, Nevada and Idaho, along with a new trading office in Missouri doing business both domestically and internationally.

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Source: Recycling Today
Metro Group acquires Arrow Metals Trading
<![CDATA[Metro Group Inc., a recycling company headquartered in Salt Lake City, Utah, has acquired Arrow Metals Trading, a brokerage office located in St. Louis. In a release, Metro Group says the purchase will allow increased growth in the company’s international and domestic markets and deliver even greater opportunities for its customers. “We’ve had discussions with Arrow for the past several years and this provides a great fit for expanding our trading division,” says Mark Bond, CEO of Metro Group. “Even though the market has taken a downturn, we’ve managed to remain aggressive, allowing us the opportunity to add another reputable company to our organization.” The release notes that Arrow Metals Trading, founded in 1993, has business partners throughout the world. The acquisition comes as a result of a long-standing relationship between the two family-owned businesses and will allow suppliers an expanded availability to markets and new consumers in Asia, Latin America, and Europe as well as the United States. “We are thrilled to be part of such a highly respected, well-run organization,” says Charlie Lordo, former manager of Arrow Metals Trading and son of the company owners. “My family has long-admired Metro Group’s unrivaled customer service and strong commitment to…