Founded in 2007, Enablelink processes over 300,000 tonnes of material per year.
Based in the Birmingham area, Enablelink operates from three production sites and specialises in the acquisition, processing and distribution of ferrous and non-ferrous material. It has over 60 employees and has recently invested in new shredding and processing capabilities.
Endless has said the acquisition “will further strengthen Enablelink’s position and provide it with additional capital for growth and to support the management team capitalise on the increasing demand for recycled metals”.
Operations director, Josh Long, will take over as managing director following the retirement of Roy Millard.
Mr Long said: “This is fantastic news for Enablelink. While it is business as usual, we are excited by the opportunities new ownership will bring and we look forward to continuing our rapid growth and development both organically and through acquisition. We would like to thank Roy Millard for building such a strong business and supporting the company and its employees over the last 17 years.”
Opportunity
John Stevens, investment director at Endless, said: “We are thrilled to have been given the opportunity to acquire Enablelink. Through its strong relationships with suppliers and customers, Enablelink has demonstrated its importance to the UK green economy and the growing demand for recycled materials both in the UK and internationally. We extend our warmest gratitude to Roy for the fantastic business he has built, and we look forward to working with Josh and the Enablelink team.”
The acquisition is the fifth platform investment in Endless Fund V, following on from its acquisition of ASCO in August 2023.
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