CMRS is a metal recycler that operates a network of eight yards across Queensland, Australia from three locations in Brisbane, and five regional centers in Townsville, Cairns, Toowoomba, Gladstone and the Sunshine Coast.

The acquisition of CMRS, which handles approximately 75000 tonnes of ferrous scrap and 7000 tonnes of non-ferrous scrap per annum, is subject to clearance from the Australian Competition & Consumer Commission.

SimsMM Australia managing director Darron McGree said that CMRS is a good strategic fit for the company’s Queensland metal recycling business due to its diverse geographic footprint and strong local capability.