EMR has bought the London-based Metal & Waste Recycling company which has 12 sites across the UK.
A statement from the purchasing company said the deal went through on 25 August.
“The two companies have many similar cultural values so we believe the acquisition process will go very smoothly.
“We are maintaining a ‘business as usual’ approach during the transition to minimise any impact for our employees and customers.”
The Metal & Waste website says the company processes more than 800,000 tonnes a year of ferrous and non-ferrous metals.
The company roots go back to 1970 when GAD Holdings was formed.
In 2005 it was awarded the Queen’s Award for Enterprise For International Trade and became Metal & Waste Recycling.
You might also like...
EMR fined £150,000 by Competition & Markets Authority
European Metal Recycling (EMR) and its parent company Ausurus Group have been penalised over the handling of a merger with Metal & Waste Recycling (MWR).
BMRA appoints new chief following resignation of Robert Fell
The British Metals Recycling Association (BMRA) has appointed James Kelly as its new chief executive, with immediate effect.
News round-up January 2019
Axion proposes solution to PP films recycling; Viridor explores landfill time tunnel; M&S to take unwanted plastics; Global foundation launches brand
Metals sector gets hazardous material guidance
The metals recycling industry has issued guidance in an effort to reduce the incidence of hazardous materials getting into scrap processing, in particular discarded lithium-ion batteries.
Have your say
You must sign in to make a comment
Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.
Readers' comments (1)
stuart drummond30 August, 2017 1:02 pm
just makes their monopoly of the scrap sector even stronger
Unsuitable or offensive? Report this comment