EMR buys UK-based scrap merchant Metal and Waste Recycling
LONDON (Scrap Register): European metal scrap recycler and exporter European Metal Recycling has bought UK-based scrap merchant and processor Metal and Waste Recycling.
“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 minimize any impact for our employees and customers,” said European Metal Recycling in a snippet.
MWR operates 12 sites across the UK that process over 800,000 mt of ferrous and non-ferrous material.
A trader working in the UK domestic market estimated they produced around 8,000-10,000 mt of shredded grade ferrous material per month.
EMR previously bought five scrap metal processing yards from UK Company Sita, as it exited the market in 2013.