Competition investigation rules recycling sites must be sold

Three scrap metal sites in the West Midlands must be sold as part of the merger of two recycling giants, the Competition and Markets Authority (CMA) has ruled. European Metal Recycling (EMR) and Metal Waste Recycling (MWR) are the largest and fourth-largest recyclers of scrap metal in the UK respectively and the deal to bring the two together has been subject to a six-month CMA investigation. It has now decided that MWR's tendering and new production steel businesses in the region, which are based at Cradley, Hockley, and Telfor... For the full story register now for free or login below...
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