The company, which operates 27 sites across the UK, is expected to begin winding down as soon as Tuesday 18:18, 24 Nov 2025Updated 19:07, 24 Nov 2025 Unimetals said no deal could be reached on the future of the business despite ‘substantial interest’ (stock image)(Image: AFP via Getty Images) Metals recycling firm Unimetals, which has…
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The Insolvency and Bankruptcy Board of India (“Board”), vide Notification No. IBBI/2025-26/GN/REG132 dated 20 November 2025 and published in the Gazette of India on 21 November 2025, has promulgated the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2025 (“Amendment Regulations”). The instrument is the second set of amendments made to the…
Hundreds of jobs are at risk just weeks before Christmas as one of Britain’s biggest metals recycling businesses hovers on the brink of liquidation. Sky News understands that Unimetals Group could collapse into liquidation as soon as Tuesday, with most, if not all, of the company’s 650-strong workforce expected to be made redundant. Money blog:…
75Media, an out-of-home (OOH) media company which just recently claimed to be the number two market leader for wide-format roadside billboard sites in the UK, has entered liquidation and will cease trading. The company, which had it headquarters in Leeds with further offices in Manchester, Glasgow, Edinburgh, London, and Birmingham, is now listed as ‘permanently…
Hundreds of jobs at risk as Unimetals enters liquidation TheBusinessDesk.com Read the original article here
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Image source, Getty Images Image caption, The company has sites across the UK, with it headquarters in Stratford-upon-Avon Article Information Author, Chloe Hughes Role, West Midlands 2 hours ago Recycling company Unimetals, which has dozens of sites across the UK, has filed for liquidation. The company’s head office is in Stratford-upon-Avon, and has sites scattered…
“This included an accelerated [Mergers and Acquisitions] process, supported by our advisers and undertaken in full collaboration with stakeholders, to identify potential buyers or investors. “Regretfully, despite substantial interest and attempts at completing a deal, no transaction was concluded.” Consulting firm Alvarez & Marsal has stepped in to assist with next steps. Unimetals said it…