December 13 2013 Latest news:
Friday, September 20, 2013
Waste management company SITA has struck a deal to sell two of its Norfolk-based metal recycling plants for an undisclosed fee.
The deal will see plants at Norwich, on Halfmoon Way, and Lenwade, on Norwich Road, snapped up by European Metal Recycling (EMR).
The move is part of a nationwide sell-off that will also see sites at Boreham, Coventry and Sheffield taken over by EMR.
It comes after the Lenwade plant became the focus of a High Court battle in 2010 when scrap metal entrepreneur Andre Serruys faced claims of alleged fraud following the sale of the business to French-owned SITA. But the allegations were later dropped by SITA when the case was settled outside of court.