Announced
Completed
Synopsis
Liberty House, an industrial and metals company, completed the acquisition of Durisotti, France’s second largest vehicle converter. Financial terms were not disclosed. "This is an important step in GFG’s French journey and I am delighted to welcome Durisotti’s highly skilled and motivated workforce to the GFG family. Over the past year we have established ourselves across both upstream and downstream activities in France, putting down roots in one of Europe’s most established and renowned industrial economies. Durisotti will help us bolster and diversify our downstream presence in the automotive sector joining our other French businesses in our vertically integrated value chain. I look forward to meeting our new colleagues and helping them to build the bright future they so richly deserve," Sanjeev Gupta, Liberty House Chairman.
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