Dive Summary:
- Highlight Networks Inc. (HNET) has acquired Acme Electronics Recycling LLC, an electronic waste recycling company based in Chicago, Illinois.
- This expands Highlight Networks' properties to both the west and east coast, and includes a recycling plant in Galion, Ohio.
- The Nevada metals recycling and refining company, whose headquarters are in New York, stated that the purchase is anticipated to contribute over $9 million in gross revenue in 2014.
From the article:
"This augments our current operations and industry relationships,” said Danny Mendelson, Highlight Networks executive.
The company expects the deal to close in less than 90 days.