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GFG Alliance to sell Liberty Steel businesses including Stocksbridge plant · Endata

◂ Announcements

May 24, 2021ACQUISITIONUnited Kingdom, United Kingdom

GFG Alliance to sell Liberty Steel businesses including Stocksbridge plant

GFG Alliance is selling parts of its Liberty Steel division, including the Stocksbridge plant, Liberty Pressing Solutions, Liberty Aluminium Technologies, and facilities in Brinsworth and West Bromwich, as part of a restructuring and refinancing of its UK operations.

Status

Announced

Productsaerospace and special alloys steelpressing solutionsaluminium technologies

CompaniesGFG Alliance

Sectors#Steel and Metal Products

“This work includes identifying a positive solution which will allow Liberty to complete the restructuring and refinancing of its UK operations, protecting thousands of jobs and supporting the fulfilment of its vision to be a leader in the decarbonisation of the UK steel industry.”pressandjournal.co.uk

1 source
pressandjournal.co.ukFort William smelter owner GFG Alliance to sell off parts of steel businessStan ArnaudMay 24, 2021

Summarized from public sources; check the original articles before acting on it.

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