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Acquisition of Metal & Waste Recycling

7 November 2018

On 25 August 2017 EMR acquired the business of Metal & Waste Recycling (MWR).  The Competition & Markets Authority (CMA) subsequently undertook an investigation into the effects of this acquisition on competition in the market.

The CMA has now concluded its investigation and issued its findings in a report dated 14 August 2018 which can be found at the following link:  

 https://assets.publishing.service.gov.uk/media/5b72e004e5274a1d08c10b2a/final_report.pdf

On 2nd November 2018 EMR gave certain undertakings to the CMA (which the CMA has accepted) which will result in the divestment of either all or substantial parts of the business of MWR.  

EMR is now undertaking a divestment process to implement the undertakings it has given to the CMA and details of any material developments in relation to this process will be issued in due course. In the meantime, both EMR and MWR are committed to ensuring that business continues as usual at MWR without disruption to its customers or suppliers.

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