Marubeni-Itochu Steel completed the acquisition of Barclay & Mathieson from Breal Capital.

Marubeni-Itochu Steel completed the acquisition of Barclay & Mathieson, one of UK’s largest independent steel distribution and metal service providers, from Breal Capital, a privately owned family-office. Financial terms were not disclosed. "It’s an exciting time for the B&M Group, with further plans for growth in the UK & the rest of the world, the backing of our new parents and the significant resources both financial and operational will enable us to deliver those goals," Mike Walton, Barclay & Mathieson Group CEO.