Toyota Tsusho to acquire Radius Recycling for US$907 million

Leila Steed Editor, Demolition & Recycling International

24 March 2025

Toyota Tsusho Corporation has announced that its US subsidiary, Toyota Tsusho America, will acquire all outstanding shares of Radius Recycling, Inc. in a cash transaction valued at approximately US$907 million.

Under the terms of the agreement, Radius shareholders will receive US$30 per share, representing a 115% premium over the company’s closing share price on 12 March 2025 and a 102% premium over its 90-day volume-weighted average share price.

The total implied enterprise value of the transaction, including net debt, is…

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