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Toyota Tsusho ( (JP:8015) ) has shared an announcement.
Toyota Tsusho Corporation has announced its acquisition of Radius Recycling, Inc., a leading North American recycling company, to enhance its recycling capabilities and promote decarbonization in global manufacturing. The acquisition, valued at approximately $907 million, aims to strengthen Toyota Tsusho’s supply chain of high-quality recycled materials and accelerate its circular economy initiatives.
More about Toyota Tsusho
Toyota Tsusho Corporation operates in the recycling industry, focusing on the recycling of metal scrap and resource recovery from end-of-life vehicles. The company has expanded into various material sectors, including plastics and textiles, to support a circular economy.
YTD Price Performance: 7.81%
Average Trading Volume: 767
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.42B
For a thorough assessment of 8015 stock, go to TipRanks’ Stock Analysis page.