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November 6, 2018

BGL Announces the Sale of Moskowitz Brothers to Cohen

Chicago – November 6, 2018 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Moskowitz Brothers, Inc. (Moskowitz Brothers) to Cohen. BGL’s Metals & Metals Processing Group served as the exclusive financial advisor to Moskowitz Brothers in the transaction. Terms of the transaction were not disclosed.

Founded in 1901 and based in Cincinnati, Ohio, Moskowitz Brothers is a full-service, non-ferrous scrap metals processor with a leading market position in the Midwest. The company specializes in recycling a broad range of non-ferrous materials such as brass, copper, aluminum, stainless steel, and nickel, in addition to offering a comprehensive suite of services to its industrial customers that includes roll off and dumpster service, dismantling, scrap handling programs, and secondary machinery and equipment sales. Moskowitz Brothers services a diverse base of foundries, container handlers, scrap yards, and metal manufacturers located throughout the Midwest and South.

With over 20 strategic locations, Cohen is one of the largest ferrous and non-ferrous metal recycling companies in North America. With the acquisition, Cohen will leverage its scale and operating expertise across an expanded Midwestern footprint to build shareholder value.