Asia – UK-based Amalgamated Metal Corporation (AMC) has acquired a majority stake in Sansing, a major scrap and non-ferrous metals trader headquartered in Hong Kong.
Established in 2008 by Simon Woolf and Stewart Armitage, Sansing claims to have become ‘a trusted partner to a range of companies across the recycling industry’. Sansing handles all kinds of scrap and operates a network of representative offices and agencies across Asia, Europe, the Middle East, Africa and North America.
‘We are delighted to welcome the Sansing team,’ comments AMC Group’s managing director David Sher. ‘Our objective is to support the excellent, long-standing service Sansing provides to customers and suppliers around the globe. The transaction provides a strong platform for continued growth using AMC’s network of businesses and relationships.’
AMC Group’s finance director Hamish Michie and its business development director Andrew King will join the Sansing board.
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