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Private Investment Firm Buys Glass Recycler Strategic Materials

October 18, 2017

Via: Waste360

Strategic Materials recovers and processes post-consumer and post-industrial glass in North America.

Littlejohn & Co. LLC, a private investment firm based in Greenwich, Conn., has signed a definitive agreement to acquire Strategic Materials Inc., an environmental services company and glass recycler, from Willis Stein & Partners and Vision Capital. Financial terms of the transaction were not disclosed.

Headquartered in Houston, Strategic Materials recovers and processes post-consumer and post-industrial glass in North America. Strategic Materials operates a network of 47 facilities across the U.S., Canada and Mexico and serves end markets, including glass packaging, fiberglass insulation, flat glass and highway safety bead markets, with a rapidly expanding presence in the air blast abrasives industry.

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