Arrow Electronics announces another acquisition; Sims Recycling Solutions acquires E-Structors Inc.

In its second electronics recycling acquisition announced in as many weeks, Arrow Electronics of Englewood, Colo., announced Sept. 5 it will take over Global Link Technology Inc. of Centennial, Colo.

On Aug. 29,  Arrow announced it had acquired Columbus-based Redemtech.

Global Link provides its clients with electronics asset disposition services and data destruction.

“The acquisition of Global Link complements our industry-leading portfolio of electronics asset disposition services, as well as strengthens Arrow’s EAD presence in the Rocky Mountain region,” said Paul J. Reilly, executive vice president, finance and operations, and chief financial officer of Arrow Electronics.

According to the company, Arrow Electronics is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 120,000 original equipment manufacturers, contract manufacturers, and commercial customers through a global network of more than 390 locations in 53 countries.

Meanwhile, Sims Recycling Solutions, the electronics recycling division of multinational corporation Sims Metal Management, also announced Sept. 5 it would acquire Elkridge, Md.-based E-Structors Inc.

E-Structors is one of the largest electronics recyclers in Maryland, Washington D.C, and Virginia and provides electronics recycling and document destruction services to companies across the United States. E-Structors’ clients include educational and financial institutions, government agencies, health care systems and medical centers, private and public corporations, and national electronics retailers.

“With the acquisition of E-Structors, SRS continues to increase the size of its U.S. footprint. Having a location near Washington, D.C., will allow SRS to not only build on the great partnerships we have with federal agencies but more efficiently service our existing government agreements, including our five-year Department of Defense contract,” stated Steve Skurnac, President, SRS, Americas. “We are very pleased to welcome the E-Structors’ remarkable employees and management team into the SRS family.”

Founded in 2003 by Mike and Julie Keough, E-Structors soon engineered a ground-breaking electronics shredding system that allowed the company to offer its clients the security of physical destruction and generated a higher quality of processed material. The company’s 160,000-square-foot facility processes over 22 million pounds of material each year.

The financial terms of the transactions were not disclosed by any of the companies involved.

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