# Liberty acquires Saint Jean Industries Poitou and Fonderie du Poitou Fonte

Liberty, part of GFG Alliance, won bids to acquire two French automotive suppliers, Saint Jean Industries Poitou and Fonderie du Poitou Fonte, securing over 600 jobs. The deal was approved by courts in Lyon and Poitiers.

- Type: Acquisition
- Announced: 2019-04-25
- Where: Nouvelle Aquitaine, Poitou, France
- Jobs: 600
- Status: completed
- Products: automotive engine components, aluminium components, cast products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [GFG Alliance](https://endata.com/companies/19734.md) (investor)
- [Liberty Group](https://endata.com/companies/31599.md) (acquirer)
- [Saint Jean Industries Poitou](https://endata.com/companies/39031.md) (target)
- [Fonderie du Poitou Fonte](https://endata.com/companies/39032.md) (target)

## Sources

- [libertysteelgroup.com](https://libertysteelgroup.com/liberty-wins-bids-for-french-automotive-suppliers-saint-jean-industries-poitou-and-fonderie-du-poitou-fonte/), 2019-04-25: "Liberty has become the owner of Saint Jean Industries Poitou and Fonderie du Poitou Fonte, and in so doing has secured hundreds of jobs dependent on them."

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