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Expanding Car Parks Operator Apex Parking Doubles In Size



Expanding car parks operator Apex Parking has doubled the size of its portfolio by acquiring 10 new properties.


The company has also rapidly grown its workforce with its headcount now standing at 44 after transferring in 21 staff from a previous operator in one day.


Apex Parking‘s newest locations are Pall Mall, Moorfields and Rumford Street in Liverpool, Chorlton Street in Manchester, The Core in Leeds, New Street, Royal Angus, Londonderry and Horsefair in Birmingham and High Street in Weston-super-Mare.


The company, which was founded in 2021, already operated 10 car parks in London, Liverpool, Manchester, Chester, Bristol, Stoke, Ipswich and Hounslow. The new acquisitions came about after National Car Parks (NCP), which was founded in 1931 and with a portfolio of 340 UK car parks, went into administration in March.


Landowner GreenPoint, a global real assets investment firm with more than $1 billion of equity under management, decided to move away from NCP and the administration process and find new operators for their 32 sites.


Working through their pan-European business management company partner Lysara, GreenPoint decided to split its portfolio between Apex Parking, which already ran three sites for them, and another operator.


Director Ben Sullivan said:

“We are particularly pleased to have been chosen as the as preferred management partner for these 10 car parks by GreenPoint."

“We believe their decision was very much influenced by the work we have done to turn around the existing three sites but also for the significant commercial support and insight we gave them post-NCP’s administration announcement."


“This expansion is another significant step in our journey and reflects the confidence our clients continue to place in our team. Strategically it has worked out very well for us, geographically complementing our existing sites and allowing us to both expand and move forward rapidly through economies of scale."

“We will be upgrading the car parks to the most modern standards, making the lighting better, changing bay markings, improving and reducing signage, increasing safety aspects and dealing with anti-social behaviour."

“The installation of new equipment, supplied by APT Skidata, is making the act of parking simpler and more pleasant – and we offer competitive prices, with discounts for subscribers and season tickets and also reward schemes."


“We would like to reassure drivers by pointing out that we will be honouring season tickets previously bought through NCP for our 10 new car parks, even though we are not obliged to do so by law and most likely will not be receiving any of those funds."

“As a responsible employer we are also dedicated to improving the facilities for our dedicated and hard-working staff. They are the face of our business, the people interacting with our customers and dealing with any issues.”

“Working with a landlord who understands our vision in terms of putting staff back into car parks is so refreshing, as is the appreciation that we need to invest to build a decent, sustainable business and it is the long-term revenues we are looking at, not making a quick buck and disappearing.”


Scott Parsons, chief executive of Lysara, said:

“Over the past few months, the team has worked at pace to transition 30 assets into a stronger operating structure, securing long-term income with Q-Park across 20 sites and retaining attractive operational upside across a further 10 sites with Apex."

“This is an important milestone for Lysara. The new arrangements strengthen the quality and resilience of the portfolio, refocus on the customer experience and preserve our flexibility to integrate new services, including EV charging, overtime.”


Apex Parking, founded in 2021, operates 20 car parks across England, including London, Liverpool, Manchester, Leeds, Chester, Bristol and Birmingham. Visit here for more details with Apex Parking.


Photo: Car park operator Apex Parking directors, from left, Iain Selbie, Guy Watson and Ben Sullivan have overseen a doubling of the size of the company with the acquisition of 10 new properties across the country

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  • Jul 31, 2025
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EMR, a global leader in sustainable materials, is continuing its mission to develop advanced circular supply chains for rare-earth magnets by joining CirculaREEconomy (CREEM) - a pioneering £11 million research and development consortium.


Led by rare-earth recycling innovator Ionic Technologies, the initiative brings together forward-thinking automotive manufacturers, as well as rare-earth metals and magnet manufacturers, to establish a scalable and sustainable method of recovering and reusing rare-earth magnets from end-of-life vehicles (ELV).


CREEM forms a key part of the UK’s Department of Business and Trade’s £2.5 billion DRIVE35 campaign. Announced in July, DRIVE35 is supporting projects that will help the transition to zero-emission vehicle manufacturing.


Rare-earth magnets, such as powerful Neodymium (NdFeB) magnets, are essential components in electric vehicles (EV) and can be found in powertrains, seat motors, speakers and many other systems. However, they are difficult to recover and recycle and potentially vulnerable to global supply chains.


Facilitated by the Advanced Propulsion Centre UK (APC), CREEM aims to transform this challenge into an opportunity. EMR is investing £730,000 (including match funding) to develop the collection, recovery and recycling technology that will enable rare-earth magnets to be recovered more efficiently, sustainably and safely from EV motors and other assemblies.


Building on experience gained during the recently completed SCREAM and Re-Rewind projects, EMR will work alongside Ionic Technologies and other consortium partners - including Ford Technologies, Bentley Motors, Bamford Bus Company (Wrightbus), Less Common Metals (LCM) and the British Geological Survey (BGS).


Recycling rare-earth magnets can be a slow, expensive and labour-intensive process. From a brand-new pilot line at EMR Birmingham, teams will explore ways to make the process of liberating the rare-earth magnets contained within EV motors more efficient. This will allow them to be safely and effectively recovered as part of a ‘long-loop circular supply chain’ – where materials re-enter the manufacturing cycle with a high level of purity and function.


Carefully separating magnets in this way allows Ionic Technologies to break them down to their constituent rare-earth oxides using a range of solvents and other chemical processes. This approach offers the industry flexibility in the chemistry of the recycled magnets it can produce, enabling rare-earth magnets from older EVs to become brand-new magnets that meet the exact specification required for future vehicles, reflecting the fast pace of innovation.


In addition, this project will allow EMR to safeguard the high-grade steel often used to build these motors – which can be downcycled during some recycling processes.


By limiting the demand for virgin materials, a sophisticated circular supply chain for rare-earth magnets will reduce the biodiversity loss associated with extracting primary materials, as well as boost the UK’s resource security. Early analysis by Ionic Technologies suggests refining this secondary (recycled) material can reduce the carbon impact by around 60% compared to virgin alternatives.


As part of CREEM, the British Geological Survey will be tasked with quantifying these benefits even more accurately, producing a material flow and Life Cycle Assessment (LCA) of the recycled components.


Roger Morton, Managing Director for Technology and Innovation at EMR, said: “We’re really excited to reveal the next stage of EMR’s mission to create a circular economy for rare-earth magnets – crucial to the green transition."


“CirculaREEconomy continues EMR’s investment in the recycling of the Neodymium (NdFeB) magnets, which can be found in everything from electric vehicles and hi-fi equipment to the largest offshore wind turbines, as reflected by the recently completed SCREAM and Re-Rewind projects."


“A circular economy for these materials won’t only safeguard the planet’s biodiversity and add resilience to vital supply chains, it will also allow our customers to achieve circularity, move closer to their net-zero targets and align with the ELV Regulations and the EU’s Critical Raw Materials Act - which mandates a quarter of demand for this material must be met by recycling by 2030."


“In addition, EMR’s long-term commitment to recycling these powerful magnets has enabled our teams to develop the highest safety standards when handling what can be very difficult materials."


“We’ll now take everything we’ve learned so far and join forces with the rest of the consortium to build an efficient, scalable and flexible long-loop supply chain which complements our previous development projects for these increasingly crucial magnets.”

Ian Constance, CEO at the Advanced Propulsion Centre, said: “This new investment underlines the commitment from government to secure advanced manufacturing in the UK. I am pleased that the APC, Zenzic and its delivery partners are here to facilitate a new wave of funding in the automotive industry, supporting innovation, driving scale-up, and enabling transformation."


“This will encourage further investment in the UK’s growing zero-emission supply chain, safeguarding skilled jobs and building on the country’s reputation as a world-leader for technology.”

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