Announced

ArcelorMittal to acquire 2 steel plants in Liege from Liberty Steel Group.

Synopsis

ArcelorMittal, a major steel producer and a key part of the global ArcelorMittal group, agreed to acquire 2 steel plants in Liege from Liberty Steel Group, a company that manufactures fabricated structural metal and steel. Financial terms were not disclosed. “The galvanising line in Flémalle will allow us to expand our ability to manufacture a high-added-value product for our automotive and construction customers across Europe. We look forward to working with the skilled team in Flémalle and to restoring the plant to operating at a world-class level," Frederik Van De Velde, ArcelorMittal Belgium CEO.

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MergerLinks - ArcelorMittal to acquire 2 steel plants in Liege from Liberty Steel Group.