InterPro acquires K&K Prairie Recycling Services
The acquisition will expand InterPro’s integrated recycling-to-steel platform with a consistent supply of scrap
InterPro Recycling, a division of InterPro Pipe & Steel, has completed the acquisition of K&K Prairie Recycling Services, a scrap metal recycling business based in Camrose, Alberta.
InterPro will expand its scrap supply chain with its recent acquisition
InterPro is a 100 percent domestic steel producer for the energy sector in Canada, and the acquisition will strengthen the reliability and cost-efficiency of InterPro's scrap supply chain for steel production, expand InterPro's presence in the Alberta scrap market, and support future melt capacity growth as part of InterPro's integrated recycling-to-steel platform.
The expansion will increase the scrap metal supply for InterPro, allowing the company to better serve major projects critical to Canadian energy independence.
K&K Prairie Recycling Services offers a range of services from scrap metal recycling in Western Canada, as well as remote processing, decommissioning, torching, brokerage and marketing. The acquisition brings the company into InterPro's broader scrap recycling and steel production platform based in Regina, SK.
"We are the only fully domestic, melted and poured steel for the energy sector in Canada, and we are committed to keeping our operations — from start to finished product — 100 percent Canadian," said Doug Matthews, CEO of InterPro Pipe and Steel. "Bringing K&K into the InterPro family will strengthen our pipeline of Canadian-only production, and we look forward to building on the long-standing partnership we've developed with the K&K team over the past decade and ensuring Canadian steel is fueled by materials."
"This is about expanding our strong foundation and providing our customers, suppliers, and employees additional resources and capabilities for the future," said Kevin Morgan, founder of K&K Prairie Recycling Services. "Finding the right partner for this business was very important, and we selected InterPro because they share our commitment and values around safety and exceptional service to our customers. I'm proud of what we've built, and I'm confident it's in good hands."
