# UK Ministry of Defence to acquire Sheffield Forgemasters

The UK Ministry of Defence will acquire Sheffield Forgemasters, with shareholders agreeing to sell their entire share capital. The MoD plans to invest up to £400 million over 10 years to recapitalize defence-critical assets.

- Type: Acquisition
- Announced: 2021-07-28
- Where: Sheffield, UK, United Kingdom
- Value: $3.50M (2.56M GBP)
- Status: announced
- Products: defence-critical components, heavy forgings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sheffield Forgemasters](https://endata.com/companies/18047.md) (target)
- [Ministry of Defence (UK)](https://endata.com/companies/56731.md) (acquirer)

## Sources

- [yorkshirepost.co.uk](https://www.yorkshirepost.co.uk/business/sheffield-forgemasters-to-be-acquired-by-the-ministry-of-defence-for-ps256m-3326031), 2021-07-28: "Sheffield Forgemasters is set to be acquired by the Ministry of Defence (MoD) as it looks to shore up the engineer's defence-critical plant"

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