# Liberty Steel agrees to acquire ArcelorMittal Galati and other European plants

Liberty, part of GFG Alliance, announced a conditional agreement on October 12, 2018, to buy four European steel plants from ArcelorMittal, including the integrated works at Galati (Romania) and Ostrava (Czech Republic), and rolling mills at Skopje (Macedonia) and Piombino (Italy). The deal is subject to regulatory approval.

- Type: Acquisition
- Announced: 2026-11-04
- Where: Galati, Romania; Ostrava, Czech Republic; Skopje, Macedonia; Piombino, Italy, Romania
- Jobs: 12,500
- Status: announced
- Capacity: over 15 million tonnes per year rolling capacity
- Products: flat and long steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md) (target)
- [Liberty Steel](https://endata.com/companies/16030.md) (acquirer)

## Sources

- [instalnews.ro](https://www.instalnews.ro/news-in-english/liberty-steel-acquires-arcelormittal-galati), 2026-11-04: "British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, today announced a conditional agreement to buy four European steel plants, employing more than 12,500 people."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.