# Liberty Steel to buy four European steel plants from ArcelorMittal

Liberty Steel Group, part of GFG Alliance, announced a conditional agreement to acquire ArcelorMittal's integrated steelworks in Galati (Romania) and Ostrava (Czech Republic), along with rolling mills in Skopje (Macedonia) and Piombino (Italy). The deal would more than double Liberty's global rolling capacity to over 15 million tonnes per year.

- Type: Acquisition
- Announced: 2018-10-12
- Where: Liege, Belgium and Dudelange, Luxembourg, Belgium
- Jobs: 1,000
- Status: announced
- Capacity: over 15 million tonnes per year
- Products: flat and long steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md) (target)
- [Liberty Steel](https://endata.com/companies/16030.md) (acquirer)

## Sources

- [libertysteelgroup.com](https://libertysteelgroup.com/libertys-european-steel-acquisitions-set-to-double-groups-global-production-capacity/), 2018-10-11: "Adding these major steel hubs more than doubles Liberty’s global metal manufacturing capacity"
- [libertysteelgroup.com](https://libertysteelgroup.com/liberty-agrees-deal-with-arcelormittal-to-acquire-further-three-european-steel-plants/), 2018-11-02: "Liberty has struck a conditional agreement to buy the Flemalle and Tilleur sites which employ a total of around 700 people near Liege, Belgium and the circa 300-people Dudelange, Luxembourg facility."

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