Partners & Customers
5About Liberty Steel Group
Liberty Steel Group manufactures and distributes steel and advanced engineering products. It serves sectors such as construction, energy, aerospace, automotive, and infrastructure. The company was founded in 1992 and is based in London, U.K. In May 2022, Marcegaglia acquired a majority stake in Liberty Steel Group. The terms of the transaction were not disclosed.
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Latest Liberty Steel Group News
Feb 22, 2023
22 February 2023 Liberty Galati, the largest steel producer in Romania, part of Liberty Steel Group Europe, said it would restart its furnace in mid-March of this year in the context of improved demand on the European market. Given the time needed to restart the furnace, it means that the operations have already begun. The furnace was shut down for RON 18.3 mln (EUR 3.7 mln) maintenance and modernization at the end of 2022 when company representatives said that the restart would depend on the market in Europe. "Given the signals indicating the recovery of the market in Europe and the successful completion of the maintenance and modernization program, we plan to restart it in mid-March," announced Ajay Aggarwal, president of Liberty Steel Group Europe and president of Liberty Galati's Board of Directors, Wall-street.ro reported. Liberty Galati, formerly Sidex Galati, is the largest steel producer in the country and one of the largest exporters and employers in Romania. The company employs, in total, more than 7,000. andrei@romania-insider.com
Liberty Steel Group Acquisitions
12 Acquisitions
Liberty Steel Group acquired 12 companies. Their latest acquisition was SBQ Steels on December 17, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
12/17/2020 | Acquired | 1 | ||||
11/3/2020 | Acquired | 1 | ||||
11/3/2020 | Acquired | 1 | ||||
8/17/2020 | ||||||
6/10/2019 | Debt |
Date | 12/17/2020 | 11/3/2020 | 11/3/2020 | 8/17/2020 | 6/10/2019 |
|---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 1 | 1 | 1 |
Liberty Steel Group Partners & Customers
5 Partners and customers
Liberty Steel Group has 5 strategic partners and customers. Liberty Steel Group recently partnered with GFG Alliance on October 10, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
10/6/2020 | Partner | United Kingdom | The MoU signed with Professor Dr. Puiu Lucian Georgescu , Rector of `` Dunarea de Jos '' University Galati , is to collaborate in the creation of a LIBERTY Steel Group Galati GREENSTEEL . | 1 | |
12/4/2017 | Vendor | ||||
8/4/2016 | Client | ||||
4/8/2016 | Client | ||||
5/17/2012 | Vendor |
Date | 10/6/2020 | 12/4/2017 | 8/4/2016 | 4/8/2016 | 5/17/2012 |
|---|---|---|---|---|---|
Type | Partner | Vendor | Client | Client | Vendor |
Business Partner | |||||
Country | United Kingdom | ||||
News Snippet | The MoU signed with Professor Dr. Puiu Lucian Georgescu , Rector of `` Dunarea de Jos '' University Galati , is to collaborate in the creation of a LIBERTY Steel Group Galati GREENSTEEL . | ||||
Sources | 1 |
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