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Iron Mountain Acquires Recall

Iron Mountain Acquires Recall

Iron Mountain Inc., headquartered in Boston, has announced the completion of its acquisition of Recall Holdings Ltd. as a primarily stock transaction for approximately $2 billion. With the acquisition, Iron Mountain acquires the entirety of Recall’s global operations, including all facilities, vehicles, employees and customer assets, excluding operations to be divested in accordance with regulatory agreements in the United States, Canada and Australia. The acquisition of the Recall business in the U.K. remains subject to regulatory review.

Additionally, Iron Mountain appointed Recall directors Neil Chatfield and Wendy Murdock to its board of directors, who are included among director nominees standing for election at the company’s upcoming annual meeting of stockholders June 17, 2016.

by Recycling Today Staff

Read The Full Article » Iron Mountain completes acquisition of Recall

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