You may now be aware that the Competition and Markets Authority (the “CMA“) intervened when European Metal Recycling Limited (“EMR“) acquired the shares of Metal and Waste Recycling Limited (“Metal & Waste“) in September last year.
In August 2018, the CMA concluded that the acquisition would result in a “substantial lessening of competition” with regard to a number of elements of the EMR and Metal & Waste business. The CMA has required EMR to make a number of divestments, effectively requiring EMR to sell off the majority of the Metal & Waste business that EMR had acquired.
EMR and MWR entered into Final Undertakings with the CMA, which were published by the CMA on 5 November 2018. Further information on the CMA’s review is available on its website. These formal undertakings require EMR to begin a formal process for the sale of parts of Metal & Waste.
As required by the CMA, Metal & Waste has been maintained as a totally separate business, and will continue to be run separately in the interim period. As a result, Metal & Waste will continue to trade, as before, as a healthy and viable business with all the necessary equipment and staff in place to continue going.
Any potential purchasers of the business will have to be approved by the CMA, who will check that any purchaser has a viable business plan for the Metal & Waste business going forward. Lastly, the good news is that, despite the regulatory process, our business continues to do well and we are keen to ensure we keep all our existing customers and suppliers, and as always win new ones. So please bear with us as the we continue through the final months of this CMA process, but know that all is being done to ensure we continue as a thriving business irrespective of who ends up buying it.
Metal & Waste Recycling Limited specialises in the recycling of all ferrous and non-ferrous metals.
With headquarters in London, we have depots in London, the South East, Midlands and the North East employing over 240 people.
Our group has 12 operating sites across the UK and purchases over 800,000 tonnes per annum of metals from automotive, demolition, military and engineering businesses as well as metal merchants. We believe that all of this makes us the 4th largest metal recycler in the UK market.
Our operating sites include two dock facilities, in London and the North East, enabling us to export metals by ship to Europe. We also have substantial container loading facilities and are one of the few UK companies able to offer bulk export tonnage of high quality metals in containers.
Our operations have the full range of metal recycling equipment enabling us to recycle and process all grades of ferrous and non-ferrous metals.
We differentiate ourselves from our competitors by providing exemplary service to support our main contracts, which require rapid and reliable response, compliance with detailed ISO and quality procedures, and high standards of health and safety.
We offer our customers outstanding purchasing opportunities through dedicated project managers, with around the clock service to over 850 suppliers in the Midlands and North London. Our significant expertise in ferrous and non-ferrous metal types is coupled with proven track record of delivering specialised services to suppliers, whether their needs are great or small.
Unrivalled access to Multiple Sales Channels
We have nurtured long standing, international trading relationships at high management levels to ensure MWR is on the pulse of the global market. These exceptional relationships ensure that we have access to all key global markets, minimising the risk of local Volatility. With over 800,000 tonnes purchased annually and sold at the optimum price, this cultural understanding of maximising value from every tonne bought benefits suppliers who trust MWR to achieve best value.
Leading-edge Logistics Solutions
At MWR we recently introduced a brand new fleet of 45 fuel efficient, bespoke vehicles at a value of £5m. Using the latest technology such as telematic trackers and restrictors to cap speed and optimise fuel consumption. With a customer-driven, flexible approach to transportation, we offer a frequency of collections ranging from hourly to fortnightly as well as collecting and managing in excess of 50,000 skip & bin collections per annum, with an on-time availability rate in excess of 99% across 363 days of the year.
We never stop seeking new opportunities to learn and grow. A culture of continuous improvement underpins the evolution at all sites. Whether it be opening up new international markets or innovating a dynamic new solution tailor-made for an individual client, our exhaustive experience of diverse projects means we are constantly discovering and exploiting new business prospects.
One Stop Solution
At MWR we offer a one-stop solution within each region and a proven history of specific investment to cater for each supplier’s needs. With our extensive range of recycling experience we are perfectly positioned to offer a bespoke management package, ensuring metals recovery value is optimised in an efficient, transparent and customised solution.
Outstanding Operational Expertise
MWR is proud to have an extensive and proven track record in all forms of metal and waste handling. As specialists in automotive metal recovery we have formed trusted relationships with the major automotive suppliers and are one of the largest in the Midlands region by volume in this market. With our dedicated operations for tolling, baling, shearing, fragmentation, shredding, granulating and specialist segmentation, our multisite coverage provides contingent planning options in the event of an unforeseen issue at both local and national level.
Bespoke Account Management
No two customers are the same. We offer fully flexible, transparent account management with recycling solutions offered for the whole range of materials. This approach is typified by the variety of operating models conducted for major suppliers, from Stadco to BT and the MOD, covering materials as diverse as car components to cable and helicopters.
The Ministry of Defence has trusted MWR for over a decade to offer low profile, efficient and discreet disposal of confidential redundant materials. Offering experienced advice, an entirely visible process and unrivalled realisation of value, we guarantee a highly specialised service. This includes a comprehensive audit trail and specialized project manager for each component type as well as round the clock access to high level management team in the event.