Insimbi to acquire metals trading firm Treppo

JSE-listed Insimbi Industrial Holdings will see ISB acquire Treppo, which is involved in the sourcing, trading and buying of recycled metals – mainly ferrous metals or steel – in the greater Gauteng area. Through this transaction, Insimbi will expand its ferrous business and its client base, enhance its access to raw materials for the purposes of beneficiation and gain access to an experienced management team and an international trading network.