One51 to sell off metals business

One51, the plastics and environmental investment group, will sell its metals business within the next four weeks.

Sources close to the company said that the deal could open the door to the sale of One51’s entire environmental business, which would become increasingly marginalised after the sale of the metals division as the company focuses on its core international plastics business.

One51 owns metals businesses across Britain and Ireland, with depots in Galway, Bedfordshire, ...