Liberty House Group

Liberty Group's Hartlepool pipe mills secured a multi-million-pound order from Subsea 7 to supply over 13,000 tonnes of large diameter steel pipe for Statoil's Snorre Expansion Project off Norway. The pipe will be the largest diameter ever produced at the mill.

Liberty House, part of GFG Alliance, made an unconditional offer to acquire the assets of Asco Industries and Ascoval, securing nearly 1,600 jobs and 1 million tonnes of steelmaking capacity. Liberty plans to invest over €300 million over five years, including €100 million in capital investment.

Liberty House, part of GFG Alliance, made a binding offer worth $500 million to acquire Rio Tinto's aluminium smelter in Dunkirk, France, with plans to invest €2 billion and build an auto components factory.

Liberty House, part of GFG Alliance, completed the purchase of the Georgetown steelworks in South Carolina from ArcelorMittal. The plant includes a 540,000-tonne electric arc furnace and 680,000-tonne rod mill, and is planned to restart in Spring 2018.

Liberty House Group formally inaugurated a 230-worker Coventry engine and powertrain components plant as a new member of the Liberty group, following its recent acquisition in a three-plant buy-out that secured nearly 600 jobs in the Midlands and Essex.

Liberty House Group, controlled by Sanjeev Gupta, announced plans to enter the Indian market by acquiring distressed assets or through direct investment, targeting sectors including steel, renewable energy, auto components, shipping, ports, engineering, and infrastructure.

Liberty House signed a provisional agreement to acquire Tata Steel UK's longitudinal submerged arc welded pipe mills in Hartlepool, which have a combined production capacity of over 250,000 mt per year. The deal aims to rescue 140 jobs and recruit more staff.

Liberty House formally completed the £100 million deal to acquire the Speciality Steels division of Tata Steel UK, protecting 1,700 existing jobs and creating 300 new production jobs. Liberty plans to invest up to £20 million in new plant and equipment in the first year.

Liberty House reached an agreement in principle with ArcelorMittal to purchase Georgetown Steelworks in South Carolina, including a 600,000-ton/year electric arc furnace and 750,000-ton/year rod mill. The deal is subject to final terms and due diligence.

Liberty House signed an agreement to acquire Tata Steel UK's Speciality Steels business for £100 million, securing about 1,700 jobs. The business has manufacturing facilities in Rotherham, Stocksbridge, Brinsworth and Wednesbury, with capability to make around 1.1 million tonnes of liquid steel per year.

Liberty House Group entered exclusive negotiations to acquire Tata Steel UK's Speciality Steels business for £100 million. The business, based in South Yorkshire, employs about 1,700 people and produces specialty steels for automotive and aerospace.

GFG Alliance member companies SIMEC and Liberty House agreed to purchase a hydro-power and aluminium smelting operation at Lochaber in the Scottish Highlands from Rio Tinto Aluminium for £330 million. The deal includes hydro plants at Lochaber and Kinlochleven, a Lochaber aluminium smelter, and a 100,000-acre estate.

GFG Alliance companies SIMEC and Liberty House agreed to buy Rio Tinto Aluminium's Lochaber hydro power plant and aluminium smelter in Scotland for £330 million. The deal secures over 150 jobs and is expected to complete in four weeks.