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InterPro Recycling, a division of InterPro Pipe & Steel, completed the acquisition of K&K Prairie Recycling Services, a ferrous and non-ferrous scrap metal recycling business based in Camrose, Alberta. K&K Prairie Recycling Services provides scrap metal recycling, remote processing, decommissioning, torching, and brokerage and marketing services to industrial, commercial, municipal, and public customers across Alberta and Saskatchewan, having operated in Western Canada for roughly 14 years. The acquisition is intended to strengthen the reliability and cost-efficiency of InterPro's scrap supply chain for steel production, expand InterPro's presence in the Alberta scrap market, and support future melt capacity growth as part of InterPro's integrated recycling-to-steel platform, which is based in Regina, Saskatchewan. InterPro describes itself as Canada's only fully domestic producer of the oil country tubular goods required by the energy sector. Following the acquisition, the business will operate as InterPro Prairie Recycling Inc., with Mr. Thomsen continuing to lead the business and Kevin Morgan, founder of K&K Prairie Recycling Services, serving as an advisor to InterPro Recycling. InterPro Pipe & Steel is part of Orion Steel Companies, which is owned by Connecticut-based private equity firm Atlas Holdings. The transaction value was not disclosed.
Parties
Company
InterPro Recycling
Company
InterPro Pipe & Steel Inc.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
31 July 2026