# GFG Alliance completes acquisition of Steelforce

GFG Alliance has completed the acquisition of Steelforce, a vertically integrated manufacturer, trader and distributor of steel pipe and tube across Australia and New Zealand, adding 120,000 tonnes per annum of steel distribution capacity and 249 employees.

- Type: Acquisition
- Announced: 2019-08-12
- Where: Australia and New Zealand, Australia
- Jobs: 249
- Status: completed
- Capacity: 120,000 tonnes per annum
- Products: steel pipe and tube
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)
- [Steelforce](https://endata.com/companies/41291.md) (target)

## Sources

- [gfgalliance.com](https://www.gfgalliance.com/media-release/2642/), 2019-08-12: "The acquisition increases our steel distribution capacity by 120,000 tonnes per annum and provides numerous potential optimisation opportunities while supporting our broader steel strategy here in Australia."

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