EverMetal buys U.K. recycler Advanced Alloys to build transatlantic platform

EverMetal Holdings has acquired Sheffield-based Advanced Alloys, expanding the critical metals recycler’s footprint into the U.K. and linking its operations with U.S. recycler CAI Custom Alloys. The deal gives EverMetal a wider sourcing network for superalloy and minor metals customers across aerospace, power, medical and space markets.

Why it matters: - The acquisition gives EverMetal a transatlantic footprint in critical metals recycling. - The combined platform now connects the U.K., a major superalloy scrap processing hub, with the U.S., the largest superalloy market. - The expanded network is aimed at serving melters, alloy producers and OEMs with broader sourcing and processing capacity.

What happened: - EverMetal Holdings L.P. completed its acquisition of Advanced Alloys, a U.K.-based recycler of high-performance superalloys and minor metals. - Advanced Alloys is headquartered in Sheffield, a hub for aerospace metals recycling. - The deal follows EverMetal’s August 2025 acquisition of U.S.-based CAI Custom Alloys, LLC.

The details: - Advanced Alloys processes complex nickel, cobalt and specialty minor metals, including superalloy turnings. - The company also trades high-purity critical metals including tungsten, tantalum and niobium with customers and suppliers worldwide. - EverMetal said the addition strengthens its ability to serve customers through a broader global sourcing network. - Hugo Schumann, founder and CEO of EverMetal, said the combination of Advanced Alloys and CAI creates a transatlantic specialty metals platform. - Schumann said the acquisition advances EverMetal’s mission to secure and scale recycling of critical materials in the U.S., U.K. and global market. - With EverMetal’s backing, Advanced Alloys plans geographic expansion, new processing technologies and capacity growth. - Advanced Alloys will work with CAI to offer a broader range of metals and processing services. - Those services will support aerospace, power generation, medical, space exploration and other demanding engineering applications. - Stephen Hall, CEO of Advanced Alloys, said the partnership will help accelerate growth across North America, Europe and Asia. - Hall said access to growth capital and broader group capabilities will support expansion, operations and R&D.

Between the lines: - EverMetal is building a platform through founder- and family-owned businesses in superalloy revert processing, turnings preparation, toll processing and minor and refractory metals trading and distribution. - The company is positioning itself as a buyer for owners seeking succession solutions or capital for growth. - The acquisition fits into a wider critical minerals and industrial supply chain push tied to sectors that need high-performance metals.

What's next: - EverMetal said it is actively seeking more acquisitions in North America, the U.K. and Europe. - Advanced Alloys is expected to expand geographically and invest in new technology and capacity under EverMetal’s ownership. - EverMetal said it wants to build a dominant independent high-temperature metals recycling platform across North America, the U.K. and Europe. - More information is available at EverMetal’s website. - Additional company background is available at GEF Capital Partners’ website.