AMCS Acquires Recy Systems

AMCS, one of the world’s leading suppliers of integrated software and vehicle technology for the waste and recycling sector, has announced the acquisition of Germany-based recycling and waste management software specialist Recy Systems.

Recy has offices in Germany, U.S., U.K. and Slovakia, and its customers include some of the world’s largest and most complex recycling companies. Overall, the acquisition will add another 600 customers from across Europe, North America, Asia and Africa, growing AMCS’ total customer base to more than 2,400 worldwide.

“I would like to take this opportunity to welcome Recy’s customers and employees to AMCS and assure them that they will experience a seamless transition and a high level of support from our global organization,” said Freddie Kavanagh, general manager of EMEA & ANZ at AMCS, in a statement. “Going forward, I am confident they will benefit from access to even broader and more powerful technology offerings, designed to improve their operational efficiency and aid their plans for future growth.”

In addition to growing AMCS’ market share in the high-growth German market, the acquisition will support its continued development of a best-in-class global solution for the metal recycling industry. It will also contribute to the development of the company’s platform used by the wider waste, recycling and resource management sector to maximize efficiency and increase profitability.

“The global metal recycling market is certainly shaping up to be an exciting place in which to operate in the coming years,” said AMCS CEO Jimmy Martin in a statement. “Its dynamic nature and the high degree of complexity involved will undoubtedly mean that it will benefit from an increased and accelerated adoption of technology. Our continued investment in this market has resulted in a scalable platform that can meet the needs of customers across the globe. Now and in the future, Recy’s impressive customer base will add further scale to our business internationally, particularly in Germany and North America, and I am confident that customers, existing and new, will benefit from the integration of the two businesses.”

AMCS’ existing solution portfolio will be further strengthened by Recy’s world-class suite of software, including its state-of-the-art functionality for managing complex stock inventory and valuation requirements. Recy’s sector-specific model ensures that its products are designed exclusively for the waste, recycling and material trading industry, covering steel scrap, non-ferrous metals, paper, wood, glass, plastic, textiles and electronics.

The acquisition will also deliver significant synergy with the Brady Recycling Solutions business, purchased by AMCS a year ago. In addition to adding more than 100 customers in North America, Europe and Australasia, the Brady acquisition also extended AMCS’ portfolio of solutions designed specifically for commercial scrap metal recycling operations.