# 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.

- Type: Acquisition
- Announced: 2017-02-09
- Where: Rotherham, Stocksbridge, Brinsworth, Wednesbury, UK, United Kingdom
- Value: $125.0M (100.0M GBP)
- Jobs: 1,700
- Status: announced
- Capacity: 1.1 million tonnes of liquid steel per year
- Products: speciality steels, high-value steels
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tata Steel](https://endata.com/companies/3546.md) (target)
- [Tata Steel UK](https://endata.com/companies/15943.md) (target)
- [Liberty House Group](https://endata.com/companies/19785.md) (acquirer)

## Sources

- [libertysteelgroup.com](https://libertysteelgroup.com/deal-sealed-for-liberty-to-acquire-tata-steels-speciality-steels-business/), 2017-02-09: "The deal secures the future of around 1,700 jobs directly, and thousands more in the supply chain and regional economy."
- [ft.com](https://www.ft.com/content/80c2fb80-0a8e-348e-a3cb-97af508f561f?syn-25a6b1a6=1), 2017-02-09: "Tata Steel has signed a definitive agreement for the £100m sale of its UK-based speciality unit to industrials group Liberty House, in a deal that will safeguard 1,700 jobs."

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