Steel Products

AIM Acquires Canadian Recycler Fern Piche & Sons

Written by David Schollaert

December 16, 2021

American Iron & Metal (AIM) has purchased Fern Piche & Sons Ltd., a metal recycler based in North Bay, Ontario, a company spokesperson confirmed to Steel Market Update.

Although the details of the strategic acquisition were not disclosed, Montreal, Québec-based AIM completed the deal on Dec. 1, extending its regional reach and adding to its worldwide capacity.

Fern Piche & Sons operates a sole yard in North Bay, where it has been in business for more than 40 years, providing services such as scrap collection, scrap pickup, scrap metal removal and on-site crushing, according to its website.

AIM is a global leader in the recovery and recycling of scrap metal and one of the most sophisticated metal recyclers in North America. At its more than 90 sites worldwide, AIM collects, weighs, sorts, conditions, and recycles scrap metals including iron, steel, copper, aluminum, stainless steel and various alloys.

By David Schollaert, David@SteelMarketUpdate.com

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

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