Recycling Lives Buys Glasgow Recycler    

Recycling Lives, the leading processor of end-of-life vehicles, has acquired Glasgow-based recycler John R. Adam and Sons, taking the number of its UK locations to 23.

John R. Adam and Sons Ltd recycles and exports ferrous and non-ferrous metals, processing up to 600 metric tonnes of steel a day, and Recycling Lives hopes its overall business will now achieve a £30 million turnover with its 500+ employees.

Andrew Hodgson, Executive Chairman of Recycling Lives, said: “John R. Adam and Sons Ltd is a fantastic family business that has a proud heritage stretching back over 130 years and is the perfect strategic fit for us as we look to complement our network of facilities and increase our capacity and capabilities.

“I’d particularly like to thank Jake and John Adam, as well as Peel Ports for their patience and support throughout the process.

“This acquisition fits into our longer-term plans of being a world leading circular economy business. This includes increasing high-grade quality recycled feedstock to produce more green steel through our world class processes, which dovetails with Scottish Government policy.

“Our business is built on delivering environmental innovation and social value, while providing opportunities to increase skills and careers, and contributing to social development. We look forward to working with the Scottish prison system to help rehabilitate ex-offenders and make a positive difference to the community.”