# Liberty House completes £100m acquisition of Tata Steel's Speciality Steels division

Liberty House formally completed the £100 million deal to acquire the Speciality Steels division of Tata Steel UK, protecting 1,700 existing jobs and creating 300 new production jobs. Liberty plans to invest up to £20 million in new plant and equipment in the first year.

- Type: Acquisition
- Announced: 2017-05-02
- Where: South Yorkshire, United Kingdom
- Value: $129.0M (100.0M GBP)
- Jobs: 300
- Status: completed
- Products: high-value steels for vehicles, aircraft, industrial machinery, oil and gas
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [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/liberty-house-takes-control-of-tata-speciality-steels-business/), 2017-05-01: "International industrials and metals group, Liberty House, today (Tuesday 2 nd May) announced it would be creating around 300 new steel jobs in South Yorkshire and making multi-million pound investments to secure the future of five sites across the North of England and West Midlands."

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