English
Solutions Solutions Industries Industries Resources Resources Success Stories About About

AMCS Announces Acquisition of Recy Systems

AMCS has today announced the acquisition of Germany’s leading recycling and waste management software specialist, Recy Systems (Recy).

Call me back

Limerick, Ireland, 21 January 2019:  AMCS, the world’s leading supplier of integrated software and vehicle technology for the waste and recycling sector, has today announced the acquisition of Germany’s leading recycling and waste management software specialist, Recy Systems (Recy).

Recy has offices in Germany, the U.S., the U.K., and Slovakia. Their customers include some of the world’s largest and most complex recycling companies. Overall, the acquisition will add another 600 customers from across Europe, in North America, Asia, and Africa, taking AMCS’ total customer base to over 2400 worldwide.

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 their efficiency and increase profitability.

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.

Commenting on the acquisition, AMCS CEO Jimmy Martin, said;

“The global metal recycling market is certainly shaping up to be an exciting place in which to operate in the coming years.  Its dynamic nature and the high degree of complexity involved will undoubtedly mean that it will benefit from 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.”  

Discussing the direction of the company in Europe, Freddie Kavanagh, General Manager EMEA & ANZ at AMCS said:

“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.  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.”

The acquisition will also deliver significant synergy with the Brady Recycling Solutions (SAI) business, purchased by AMCS 12 months earlier.  In addition to adding over 100 customers in North America, Europe, and Australasia, the Brady acquisition also extended AMCS’s portfolio of solutions designed specifically for commercial scrap metal recycling operations.

https://www.businesswire.com/news/home/20190121005193/en/AMCS-Announces-Acquisition-Recy-Systems

Share this on:

Facebook Twitter LinkedIn

Ready to see what AMCS can do for you?

Our platform for metal recycling will increase your overall operational efficiency, driving down costs and boost your profit margins. Find out how today.

Request a customized demo

Webinar: Pricing and Contract management for the Metal Recycling industry

Watch On Demand Webinar

Resources

Blog

How to increase margins to strengthen the competitive edge for metal recyclers

Nowadays, more than ever, metal recyclers are faced with a series of challenges. The front runners in the metal recycling industry are more resistant to these unpredictable circumstances.

Blog

The 5 Biggest Computer Vision Trends In 2022

Computer vision (sometimes called machine vision) is one of the most exciting applications of artificial intelligence.

Blog

Recycling Price Trends in the US 2022

What is the outlook for the price of US recyclable materials?

View other resources

Metal Recycling Software Whitepaper

We enable rapid business transformation, helping more than 600 metal recyclers worldwide adapt to new market conditions. Our software solution is designed to protect your margins.

Download Whitepaper
Contact

Contact AMCS to discover how our leading solution can help your business grow and thrive.

Explore AMCS Platform Solutions Success Stories Blogs Careers Stay in touch Sign up for our newsletter
Follow us on