Ashvin Metals acquires Metro Metals to expand market reach

By We Love Creative

10 Dec 2024

Ashvin Metals' acquisition of Burnley-based Metro Metals.

Ashvin Metals, a leading name in the UK non-ferrous metal industry, has announced the acquisition of Burnley-based Metro Metals

The deal marks a significant milestone for the Poulton-le-Fylde-based company, enhancing operational capabilities and expanding its market offerings.

This acquisition, along with other recent purchases, now positions Ashvin Metals as a £130 million turnover business as the company continues to solidify its reputation as one of the UK’s most dynamic players in the recycling and processing of ferrous and non-ferrous metals.

Founded in 1958, Metro Metals has long been a cornerstone in Lancashire’s metal recycling sector, specialising in ferrous scrap processing. 

The acquisition further enables Ashvin Metals to bolster its portfolio with ferrous metal recycling capabilities, expanding production capacity through Metro Metals’ state-of-the-art processing facility.

Iain Swinson, finance director of Ashvin Metals, said: "This acquisition represents a strategic step forward for Ashvin Metals.

"It not only broadens our service offerings to include ferrous metals like steel and iron, but also brings with it a legacy of excellence that Metro Metals has cultivated over decades.

"By combining our expertise, we aim to redefine service standards in the metal recycling industry and provide unmatched value to our customers worldwide."

Metro Metals will continue to operate from the Heasandford Industrial Estate, Burnley, with all staff remaining in the business.

Previous owner, Ross Shekleton, will remain involved during an interim period to advise the new owners as they familiarise themselves with the operations of the business.

Ross said: "This decision is bittersweet for me. Metro Metals has been such a huge part of my life and my family’s history.

"My father started the business over 60 years ago, and it has been a privilege to carry his legacy forward. But, with my own children pursuing other careers, I knew I wouldn’t be passing the business on, so selling felt like the right decision.

"Having worked with Ashvin Metals for many years, I am confident the business is in highly capable hands. Their expertise and vision will ensure that Metro Metals continues to grow and succeed within the larger Ashvin Metals group."

As well as its operations in Poulton-Le-Fylde and Burnley, Ashvin Metals also operates a site in the Midlands, Inglemere Metals in Blackpool, and recently set up Ashvin Can Recycling following the purchase of machinery from Borcan Limited, to process aluminium beverage cans in Padiham. 

With the acquisition of Metro Metals, Ashvin Metals expands its overall workforce to 60 employees, bolstering its reputation as a trusted supplier of high-grade materials to both domestic and international markets.

This move underscores the company’s commitment to sustainable practices and its leadership in the highly regulated metal recycling sector.

The value of the acquisition is undisclosed. The purchaser was supported by a team of leading advisors, including Hill Dickinson (legal and legal DD) and Jones Harris (Tax DD).

The vendors were advised by PM&M, Harrison Drury and Pierce, who each provided expert guidance throughout the transaction.

 

Latest news

1

Velocity seals Airbus extension worth up to $54m Velocity Composites Has Announced Its Entry Into The Us Market

Velocity seals Airbus extension worth up to $54m

08 Oct 2025

2

First speakers confirmed for Lancashire Business Day Dave Walker with Richard Slater at Lancashire Business Day

First speakers confirmed for Lancashire Business Day

08 Oct 2025

3

Hemmings steps down as PNE chairman as hunt begins for new investors Craig Hemmings

Hemmings steps down as PNE chairman as hunt begins for new investors

08 Oct 2025

4

Chamber calls for three council county Lancashire County Council County Hall

Chamber calls for three council county

08 Oct 2025

5

Victorian Plumbing reports strong financial performance Victorian Plumbing Leyland

Victorian Plumbing reports strong financial performance

07 Oct 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

HR Recharge: Empowering today’s workforce, transforming tomorrow’s workplace
Muted Blue (4).png.png
LBV Hub Seminars
08 Oct 2025 - 08 Oct 2025

HR Recharge: Empowering today’s workforce, transforming tomorrow’s workplace

Crow Wood Hotel & Spa Resort, Burnley, BB12 0RT

08:30 - 13:30

Empowering Franchise Growth in the North West
Empowering Franchise Growth in the North West event
LBV Hub Seminars
09 Oct 2025 - 09 Oct 2025

Empowering Franchise Growth in the North West

Forbes Solicitors, Sceptre Way, Walton Summit Centre, PR5 6AW, PR6 6AW

08:00 - 10:00

Empowering franchise growth in the North West
TFA Event - Empowering Franchise Growth.jpg.jpg
LBV Hub Seminars
09 Oct 2025 - 09 Oct 2025

Empowering franchise growth in the North West

Forbes Solicitors Sceptre Way Walton Summit Centre , Preston, PR5 6AW

08:00 - 10:00

Advantage: AI – A Workshop for Business Leaders – Oct 10th
Ai 10.10.png.png
LBV Hub Seminars
10 Oct 2025 - 10 Oct 2025

Advantage: AI – A Workshop for Business Leaders – Oct 10th

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

09:00 - 12:00

The New Employee Rights Landscape: Day One Compliance Essentials
EventBrite NORi - 15th Oct 2025 Webinar.png.png
LBV Hub Webinar
15 Oct 2025 - 15 Oct 2025

The New Employee Rights Landscape: Day One Compliance Essentials

Microsoft Teams, Microsoft Teams, PR253XH

13:30 - 15:00

Unlocking major project opportunities in the North West
Lancs-cham-logo.jpg.jpg
LBV Hub Seminars
15 Oct 2025 - 15 Oct 2025

Unlocking major project opportunities in the North West

Strathmore Hotel, Morecambe, LA4 5AP

08:00 - 10:00

The Autumn Re set - pour me a wine
LBV Advert_Autumn Reset 1200 x 630px.png.png
LBV Hub Networking
16 Oct 2025 - 16 Oct 2025

The Autumn Re set - pour me a wine

The Artistry House , Preston , PR1 3JJ

17:30 - 19:30

The Business Network Central & East Lancashire
LBV Header (26).png.png
LBV Hub Networking
16 Oct 2025 - 16 Oct 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

October Freelancer Meet-Up
LBV Hub Networking
16 Oct 2025 - 16 Oct 2025

October Freelancer Meet-Up

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin