Global Ardour acquires Recycling Lives’ metal and waste assets

The company which acquired Recycling Lives’ recycling assets last week has been named as Global Ardour Metal Ltd, part of the Singaporean-based Greta Group which also owns Global Metcorp.

A Liebherr crane loads the first Recycling Lives shipment to Spain

Global Ardour, which was incorporated at the beginning of this year, will now take ownership of Recycling Lives Ltd and RLMW Realisations (formerly Recycling Lives Metal & Waste Ltd). This includes all of Recycling Lives’ end of life vehicle processing and metal recycling assets, as well as the waste business. This will also include employees.

Recycling Lives, which named EY as administrators last week, had 23 sites across the UK, including 17 processing sites and six domestic access sites. It said it was the largest ELV recycler in the UK.

Recycling Lives Services will continue as a separate company and will provide all the services it has previously offered, focusing on compliance services, brokered environmental waste solutions and commodities.

The deal with Global Ardour does not include the debt incurred by the two Recycling Lives businesses. These liabilities remain with the companies in administration, and outstanding amounts due will “rank as unsecured claims”.

EY has been contacted for comment.

We are excited to take on this challenge

  • Global Ardour

‘Robust footing’

In a joint statement, Global Ardour’s directors, Ashish Chaudari, Sundip Goyal and Gaurav Chaudari, said: “We are very pleased to confirm that Global Ardour Recycling Ltd has rescued the Recycling Lives metals and waste business.

“Global Ardour Recycling has taken over the assets and employees of these companies. We are now working closely with the Recycling Lives Managers who transferred with the undertaking to restructure the business so as to put it on a robust footing going forward.

“We are excited to take on this challenge and hoping to work closely with the organisations who have been suppliers to and for customers of those companies in the past to achieve this.”

Greta Group

On its website, Greta Group said it was formed in 1996 and has been “well diversified in the field of recycling of metal-rich waste streams arising from end of life vehicles/ consumer products, industry and construction/ demolition”.

Included in the Greta Group is Global Metcorp Limited, which has “various subsidiaries focus on ferrous scrap, non-ferrous scrap, paper scrap and rubber scrap.” The company also specialises in primary and secondary steel products.

Global Metcorp says on its website that it traded in excess of 1.5 million tonnes of ferrous scrap for five consecutive years.


As first revealed by letsrecycle.com, Recycling Lives announced last week that it was placing parts of the business into administration (see letsrecycle.com story).

The sale, following a strategic review in 2023, is thought to have been brought on due to  macro-economic factors as well as a fire at the company’s Preston site in March 2023.

Recycling Lives

Preston-headquartered Recycling Lives was founded in 1977 and prior to the appointment of administrator’s last week, operated over five business units: vehicle processing, metal processing, skip hire, producer responsibility compliance offering WEEE, packaging & batteries and Environmental Services.

Global Ardour Recycling has acquired the vehicle and metal processing businesses as well as the waste management side.

Recycling Lives positioned itself as the largest ELV recycler in the UK. This includes a nationwide service recycling over 150,000 cars and generating about 500,000 tonnes of high quality green steel a year.

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