According to a representative of Liberty Steel, director of Liberty Pipes Hartlepool, a subsidiary of the British steel company Liberty Steel Group, launched an accelerated sales process for the company and its assets to identify the right industrial or strategic investor to support continued production and ensure a long-term sustainable business.
Focus on jobs, assets, and value for stakeholders
The company announced a targeted sale, if successful, that the deal would help protect skilled jobs, maximize asset value, and ensure the most favorable outcome for stakeholders.
The accelerated process is expected to move quickly, with a target completion date of February 20th. Begbis Trainor was appointed to advise Liberty Pipes Hartlepool on the sales process, providing support in finding a suitable buyer or investment partner.
The company said it remains focused on maintaining operations during the accelerated sale. It's moving forward.
Recent Delivery to the Teesside Carbon Cluster Project
Liberty Pipes Hartlepool recently completed a major order for the NZT/NEP carbon cluster project in Teesside, supplying 105 km of steel pipes, equivalent to 51,000 tons. The order highlights the facility's role in supporting large-scale industrial and energy transition projects in the UK.
