Liberty House bids to acquire Asco Industries and Ascoval steel assets in France

Liberty House, part of GFG Alliance, made an unconditional offer to acquire the assets of Asco Industries and Ascoval, securing nearly 1,600 jobs and 1 million tonnes of steelmaking capacity. Liberty plans to invest over €300 million over five years, including €100 million in capital investment.

“Liberty plans to invest more than €300m over five years to stabilise and grow the business including capital investment of €100m to upgrade the sites and expand output.”libertysteelgroup.com

• 1 source
• libertysteelgroup.comBritain's leading industrial group GFG Alliance confirms bid to secure future of flagship French steel businesses - LIBERTY Steel GroupJan 19, 2018

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