The majority of collapsed steel business Aartee Bright Bar will be bought by Barrett Steel in a £13 million rescue deal – but the firm’s Dudley site will close. It comes after the West Midlands-based ...
A major customer of Britain’s third-biggest steel producer has been forced to call in administrators, deepening the financial gloom engulfing the industry. Sky News has learnt that Aartee Bright Bar, ...
Steel tycoon Sanjeev Gupta’s GFG Alliance acquired the collapsed firm and said it hopes to save 250 ‘viable’ steel jobs. Collapsed steel firm Aartee Bright Bar is set to be merged with Liberty Steel ...
Legal and business services provider DWF has advised Barrett Steel on its £13m acquisition of the majority of the business and assets of a counterpart out of administration. DWF advised the company on ...
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The majority of the business and assets of steel firm Aartee Bright Bar have been acquired out of administration in a deal worth £13m. The transaction secures the jobs of more than 170 people but 45 ...
Nucor CorporationNUE has agreed to buy Gerdau Long Steel's Bright Bar assets located in Orrville, OH, and Cartersville, GA, for an undisclosed price. The acquisition is anticipated to close by the end ...
A row involving the steel tycoon Sanjeev Gupta and one of his biggest UK customers has deepened after administrators launched a bid to wind up a company he bought just weeks ago. Sky News has learnt ...
The rescue deal is expected to save 250 jobs across the business including a site in Dudley. GFG Alliance, owned by Mr Gupta and his family, has bought Aartee and filed an application to challenge the ...
Nucor Corporation NUE has agreed to buy Gerdau Long Steel's Bright Bar assets located in Orrville, OH, and Cartersville, GA, for an undisclosed price. The acquisition is anticipated to close by the ...