Venture Metals, a portfolio company of Mill Rock Capital, has announced its acquisition of Thalheimer Bros. LLC and Mega Metals LLC. Both companies specialize in the processing of nonferrous metals, marking a significant step in Venture Metals’ strategy to expand its footprint in the recycling industry.

Strengthening Recycling and Expanding Capacity

Thalheimer Bros., founded in 1939 and based in Philadelphia, has a long history in the processing of copper, brass, stainless steel, and other metals. The company is known for its ability to handle mixed loads of alloyed and nonalloyed scrap, producing blends with specific chemical properties for its customers. Thalheimer serves foundries, refiners, and mills around the world, making it a prominent player in the nonferrous metal recycling market.

Mega Metals, founded in 1985 and acquired by Thalheimer in 2018, specializes in the recycling of titanium turnings and solids. The company operates a dedicated titanium processing center that offers a full suite of recycling services, including metal recycling, inspection, and testing. Both Thalheimer and Mega Metals will continue to operate under their respective leadership as sister companies to Venture Metals.

Venture Metals aims to leverage this acquisition to enhance its operational capabilities, expand its geographic reach, and increase its capacity for processing copper. The combined company now operates seven processing facilities globally, including five in the U.S., two in South Korea, and an office in Mexico.

Strategic Benefits and Environmental Impact

The acquisition is expected to bring several strategic benefits to Venture Metals, including enhanced recycling capabilities, geographic expansion, and increased processing capacity for copper. With the addition of Thalheimer and Mega Metals, Venture Metals strengthens its position in the nonferrous scrap metal industry, especially in the utilities, aerospace, construction, and general industrial sectors.

“We are excited to welcome Thalheimer to our organization and look forward to combining our cultures and histories to deliver greater value,” said Venture Metals CEO John T. Shaddox. The integration of these two respected companies into Venture Metals is seen as a positive step for both employees and customers, as well as a way to drive environmental sustainability through improved recycling operations.

With the backing of Alvarez & Marsal, Akin, and Bank of America, the deal strengthens Venture Metals’ position in the global nonferrous scrap metal market and supports its ongoing commitment to operational excellence and environmental responsibility.