EverMetal acquires UK critical metals recycler Advanced Alloys
The purchase adds nickel, cobalt and specialty metals processing capabilities to a growing recycling network serving global industries.
UK-based critical metals recycler Advanced Alloys has been acquired by EverMetal Holdings, expanding its superalloy recycling operations into Europe. The acquisition strengthens EverMetal's transatlantic platform serving aerospace and other high-performance industries. Financial terms of the deal were not disclosed. EverMetal, which also purchased US superalloy recycler CAI Custom Alloys in August last year, plans to use the acquired business to broaden its range of metals and processing services, expand geographically, develop new processing technologies, and increase capacity.
The companies serve industries such as aerospace, power generation, medical technology, and space exploration, which rely on high-performance materials. Advanced Alloys CEO Stephen Hall expressed excitement about partnering with the EverMetal team to accelerate the company's growth and build a leading independent critical metals recycling platform across North America, Europe, and Asia.
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