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Announced

Completed

Liberty Steel completed the acquisition of Johnstown Wire Technologies.

Synopsis

Liberty Steel, part of the global GFG Alliance, completed the acquisition of Johnstown Wire Technologies, the largest producer of value-added carbon and alloy wire in North America. Financial terms were not disclosed. "This is another very significant step towards our ambitious US goals. JWT is a profitable business with a skilled workforce and tremendous pedigree in the industry, so we look forward to welcoming it into the GFG USA family and helping it build an even stronger future," Grant Quasha, GFG North America Chief Investment Officer.

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