Recycling Lives has entered into an agreement to acquire Metal & Waste Recycling Ltd.
Subject to the normal customary closing conditions, the acquisition is scheduled to complete on May 30. At this point, Recycling Lives Ltd will acquire all its sites and operations with the exception of two sites in Edmonton and Neasden.
Metal & Waste Recycling Ltd (M&W) is a national recycling business with sites nationwide. Like Recycling Lives it recycles all ferrous and non-ferrous metals with a reputation for good service for its loyal customers.
The acquisition comes following an intervention by the Competition & Markets Authority (CMA) when M&W was first acquired by European Metal Recycling Ltd (EMR) in 2017. This found that M&W’s acquisition by EMR represented a “substantial lessening of competition” and required the business was put up for sale.