EverMetal Strengthens European Presence with Advanced Alloys Acquisition

Photo Credit: EverMetal

The integration of U.K. and U.S. specialty metals recycling operations is set to expand following EverMetal Holdings' acquisition of Advanced Alloys, a Sheffield-based recycler specializing in high-performance superalloys and minor metals. The transaction adds a European operating base to EverMetal's existing U.S. business, CAI Custom Alloys, which it acquired in August 2025. Financial terms of the latest acquisition were not disclosed.

Advanced Alloys processes complex nickel- and cobalt-based materials, including superalloy turnings generated from industrial operations. The company also trades high-purity specialty metals such as tungsten, tantalum and niobium through its international customer and supplier network. Its location in Sheffield provides access to one of the U.K.'s established centers for aerospace metals recycling, while the combined business will also have a presence in the U.S., the largest market for superalloys.

The acquisition gives EverMetal a broader sourcing network and a wider range of processing capabilities to serve metal producers, alloy manufacturers and original equipment manufacturers. Advanced Alloys will work alongside CAI to expand its geographic reach, develop additional processing technologies and increase capacity. The combined operations will continue serving industries that require specialized materials, including aerospace, power generation, medical technology and space exploration.

EverMetal is backed by investment firm GEF Capital Partners and plans to continue pursuing acquisitions across North America, the U.K. and Europe. Its strategy focuses on businesses involved in superalloy scrap processing, turnings preparation, toll processing and the trading and distribution of specialty and refractory metals. For Advanced Alloys, access to the group's capital and technical resources is also expected to support further investment in operations and research and development.

The deal reflects the growing importance of recovering high-value metals from industrial manufacturing waste. Superalloy scrap contains materials that can be returned to specialized metal production, reducing reliance on primary raw material supplies. As demand for advanced alloys continues across aerospace, energy and other engineering sectors, the ability to collect, process and supply consistent secondary materials will remain important to manufacturers and specialist recyclers.

Source: EverMetal

SUNSHINE Spotlight: The acquisition highlights the growing role of specialized metal recyclers in recovering high-value materials from industrial production. Connecting processing capabilities across major markets could improve access to nickel-, cobalt- and other specialty metal scrap, providing additional secondary material sources for advanced manufacturing industries.