Mergers and acquisitions can have a major impact on the shredding industry. We keep up to date on what’s happening throughout the United States, and will provide news and information about these events here.

Learn about recent mergers, acquisitions, and some of the implications of what this kind of consolidation has on independent shredding companies.

The Acquisition of Shredding Companies

Iron Mountain Merging with Recall Holdings Ltd. Previously a subsidiary of Australia’s Brambles Ltd, Recall Holdings Ltd has played a role in multiple offers throughout the past couple of years. Since its divergence from Brambles in 2013, the company has made nine acquisitions of other assets, and denied several...

Shredding Mergers in Indiana

Integra Certified Document Destruction of Elkhart, Indiana has announced the acquisition of Tri Noble Secure Document Destruction of  Bristol, Indiana. The company will continue to operate under the Integra name. Integra not only offers shredding but also recycling and waste hauling services. They have been servicing Indiana for over 75 years....

Cintas Acquires 3GS

Cintas has acquired 3GS of Knoxville, TN. 3GS has grown from a single location in Tennessee to over a dozen locations around the Southeast and Midwest. They provided shredding services, document imaging, and document storage solutions.  This ends the year with a bang in the acquisition market for shredding companies. It...

BRM Acquires Paper Exchange

Business Records Management (BRM)of Pittsburgh, Pennsylvania has acquired The Paper Exchange, also of Pittsburgh, Pennsylvania. This expands the shredding and records storage capacity of BRM. This acquisition fall on the heals of their spring acquisition of Underground Archives. The Paper Exchange was started in 1996 by brothers Jeff and Dan Prunzik. They...

Shredding Acquisition in Delaware

Cornerstone Records Management has expanded their shredding capacity in Delaware with the acquisition of Document Security Management (DSM). DSM provides mobile shredding and hard drive destruction services to the Delaware Valley including Philadelphia.  The operations will be folded into the eastern region of Cornerstone. This marks the 24th acquisition buy Cornerstone in...

Spokane Mobile Shredding

DeVries Business Service of Spokane, Washington has announced the acquisition of Green Shred of Pasco Washington. This acquisition expands the services of DeVries into northeast Oregon. It is also the fourth mobile shred truck in the companies fleet.  Financial terms of the deal were not disclosed. Pat DeVries, President...

Recall Sale is Now Off

Recall’s Roller Coaster Future After months of negotiations with multiple companies regarding the sale of Recall Holdings by Brambles Ltd based in Australia, the company has decided not to sell. Brambles places the value of its information management business at $2.2 billion, and maintain that the bids received were...

New Michigan Shredding Service

Northern Michigan is getting a new document shredding service. Tim Ridley and Denis Droope are opening Great Lakes Secure Shredding in West Branch. The company will offer off-site shredding and drop off shredding. They will pick up between Standish and Mackinac Bridge. The company is currently installing their shredder...

Shredding Merger in South Carolina

Shred360 of Columbia, South Carolina, has announced the purchased Secure Shred of Spartanburg South Carolina. The combined company will continue to operate as Shred360. Financial details of the sale were not disclosed. The shredding industry continues the move to more consolidation. Not only are the large national chains acquiring new...

Consolidation in Columbus Shredding

Allshred Services has expanded its customer base in Columbus, Ohio with the acquisition of Mid Ohio shredding. Allshred currently services six states from their headquarters in Maumee, Ohio. This acquition is part of the companies goal of increasing their presence in Columbus. Details of the deal were not realeased....