United Kingdom – UK risk management company Brady plc has acquired US-based Systems Alternatives International LLC (SAI), which provides advanced information systems and engineered solutions for the recycling, primary metals and steel distribution industries.
SAI enjoys a leading position in the recycling market, with six of America’s top 10 recyclers said to be using its solutions. Brady believes the acquisition will provide further cross-selling opportunities and position it as the leading metal solutions supplier. There is a ‘strong opportunity’, it says, to consolidate the energy, metals and commodity software markets, citing the acquisition as ‘a key step’ in developing its metals business in the North American markets. ‘SAI is a market leader in recycling software which is highly complementary to our existing market-leading concentrates, refined and financial metals trading business,’ comments Brady’s CEO Gavin Lavelle.
SAI’s CEO John Underwood adds: ‘Our employees and customers will benefit from a well-capitalised, publicly-listed company, with a worldwide network that will provide us with a platform for further global expansion and increased resources to facilitate further initiatives and opportunities.’
For more information, visit: www.bradyplc.com
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