The UK metals recycler, which was founded in 1998 and operated across two major sites in the North of England, processed ferrous metals and aluminium for both domestic reuse and export markets.
Its collapse comes at a time of mounting financial pressure across the recycling and metals sector, following the recent liquidation filing of Unimetals Group and ongoing difficulties faced by other operators.
Acetech Metals’ operations covered a broad range of processing activities, including magnetic separation, mobile and static shearing, shredding, baling and downstream handling.
The business also handled used beverage cans (UBCs), tinplate and ferrous material streams linked to Waste to Energy facilities.
Sale of Acetech Metals assets
The liquidation has triggered the disposal of Acetech Metals’ operational assets, with the sale being conducted on behalf of the liquidators and a finance company.
BPI Asset Advisory has been appointed to manage the process, with the equipment listed via the firm’s online auction platform.
As part of the winding-up process, more than 80 lots of large-capacity plant and equipment are being made available.
The disposal includes a range of material handlers from manufacturers such as Liebherr and Fuchs, alongside Caterpillar excavators and dump trucks.
Luke Hartshorn, Director at BPI Asset Advisory, commented: “We anticipate strong interest in this disposal.
“The scale and specification of the machinery on offer make it particularly attractive to recyclers, demolition businesses and contractors looking to increase capacity with equipment that is built for continuous, heavy-duty use.”
The metals recycler acquired a 20-acre site in Scunthorpe in 2021 after securing a £3.25 million funding package.
It had also signed a Memorandum of Understanding (MOU) with HyOrc Corporation in July 2025 to jointly develop a green methanol production facility in Scunthorpe.
Subscribe for free