M&A Deal Summary

Liberty House Acquires Tata Steel - Speciality Steels Business

On May 2, 2017, Liberty House acquired metals/mining company Tata Steel - Speciality Steels Business from Tata Steel for 100M GBP

Acquisition Highlights
  • This is Liberty House’s 1st transaction in the Metals/Mining sector.
  • This is Liberty House’s 0th largest (disclosed) transaction.
  • This is Liberty House’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2017-05-02
Target Tata Steel - Speciality Steels Business
Sector Metals/Mining
Buyer(s) Liberty House
Sellers(s) Tata Steel
Deal Type Divestiture
Deal Value 100M GBP

Target

Tata Steel - Speciality Steels Business

London, United Kingdom
Tata Steel - Speciality Steels Business produces a range of high-value steels used in the manufacture of vehicles, aircraft, industrial machinery and equipment for the oil and gas industry. The Speciality Steels businesses will also complement Liberty’s engineering operations in the West Midlands which already use steel from these plants to make their precision products. Liberty will explore further downstream investment to make more extensive use of the products from Speciality Steels to boost manufacturing in the UK.

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Buyer(S) 1

Buyer

Liberty House

London, United Kingdom

website

Category Company
Founded 1992
Sector Metals/Mining
DESCRIPTION

Liberty House an international metals and industrial group, specialising in commodities, metals recycling, manufacture of steel, aluminium and engineering products. Headquartered in London, it also has strategic global hubs located in Dubai, Singapore and Hong Kong, and an extended network of operations covering more than 30 countries. Its current turnover is approaching $6.8 billion and it employs over 4,000 people globally. The group serves customers in the metals and steel manufacturing industries as well as in automotive, construction, marine, power generation, aerospace, motorsport, yellow goods, agriculture and mining.

DEAL STATS #
Overall 1 of 4
Sector (Metals/Mining) 1 of 3
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 1
Year (2017) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-30 Arrium

Sydney, Australia

Arrium Ltd. is an international diversified mining and materials company based in Sydney, Australia.

Buy -

Seller(S) 1

SELLER

Tata Steel

Mumbai, India

website

Category Company
Founded 1907
Sector Metals/Mining
Employees65,000
Revenue 2,439.6B INR (2022)
DESCRIPTION

Tata Steel is Asia's first integrated private sector steel company. Tata Steel Group is among the top-ten global steel companies with an annual crude steel capacity of over 29 million tonnes per annum. It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. Tata Steel’s larger production facilities comprise those in India, the UK, the Netherlands, Thailand, Singapore, China and Australia. Operating companies within the Group include Tata Steel Limited (India), Tata Steel Europe Limited (formerly Corus), Tata Steel Singapore and Tata Steel Thailand. Tata Steel was founded in 1907 and is based in Mumbai, India.

DEAL STATS #
Overall 2 of 2
Sector (Metals/Mining) 2 of 2
Type (Divestiture) 2 of 2
Country (United Kingdom) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-30 Vlietjonge B.V.

Nieuwegein, Netherlands

Vlietjonge B.V. is active as a commercial and service center in steel.

Sell -
Mergr

Product

Company

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