# Plan to merge Tata Steel Speciality Steels with Sheffield Forgemasters reported

Sky News reports a plan to merge Tata Steel's Speciality Steels business with Sheffield Forgemasters, with an additional £200 million investment from Edmund Truell's charity, as an alternative to the proposed acquisition by Liberty House.

- Type: Acquisition
- Announced: 2017-01-18
- Where: South Yorkshire, United Kingdom
- Value: $250.0M (200.0M GBP)
- Status: rumored
- Products: speciality steels (carbon, alloy, stainless)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tata Steel](https://endata.com/companies/3546.md)
- [Sheffield Forgemasters International](https://endata.com/companies/19084.md) (target)

## Sources

- [rothbiz.co.uk](https://www.rothbiz.co.uk/2017/01/news-5333-tata-forgemasters-merger.html), 2017-01-18: "Mr Truell's charity would then provide £200m of additional investment into the combined group, while taking on responsibility for the Tata Steel UK pension liabilities."

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