AN ARRAY OF ACQUISITIONS

Liberty House and its sister companies – SIMEC and Jahuma Estates – forming the Gupta Family Group ( GFG) Alliance, have made around 50 acquisitions in the last five years. Some prominent ones:

2018

Diamond Bank, UK

Rio Tinto’s aluminium smelting unit, France ($ 500 million) Tahmoor Coal Mine, Australia

2017

Caparo Merchant Bar, UK

Georgetown Steelworks, US

Arrium, Australia ( Mining and materials’ company)

$ 750 million

Whyalla Steelworks, Australia

ZEN Energy, Australia ( storage battery manufacturer)

2016

Tata Steel’s specialty division, UK (£ 100 million),

Rio Tinto’s Scottish aluminium smelter ($ 412 million) Wyelands Bank, UK

2015

Caparo Tubular Solutions, UK

2013

Mir Steel, UK