Stout served as the exclusive financial advisor to Berman Brothers Iron & Metal Co. Inc. (Bermco Aluminum) in its sale to Toyota Tsusho America Inc. (TAI). Founded in 1921, Bermco is a leader in the secondary aluminum smelting industry, converting aluminum scrap into aluminum ingot and sow, serving die-casters and foundries for use primarily in the automotive and lawn and garden industries. Bermco is based in Birmingham, Alabama, with an additional facility in Bessemer, Alabama. TAI benefited from Bermco’s strong market presence in the heart of the Southeast, a region which continues to attract global OEMs’ attention. Bermco benefited from TAI’s greater access to resources, operational expertise, and human capital as it seeks to continue its growth.

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