Liberty House acquires Tata Steel's Speciality Steels business for £100 million

Liberty House signed an agreement to acquire Tata Steel UK's Speciality Steels business for £100 million, securing about 1,700 jobs. The business has manufacturing facilities in Rotherham, Stocksbridge, Brinsworth and Wednesbury, with capability to make around 1.1 million tonnes of liquid steel per year.

“The deal secures the future of around 1,700 jobs directly, and thousands more in the supply chain and regional economy.”libertysteelgroup.com

• 2 sources
• libertysteelgroup.comDeal sealed for Liberty to acquire Tata Steel’s Speciality Steels business - LIBERTY Steel GrouplibertysteelgrFeb 9, 2017
• ft.comTata Steel signs deal for £100m speciality unit sale to Liberty HouseMichael PoolerFeb 9, 2017

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